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SMA_HISTO for thinkorswim
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SMA_HISTO for thinkorswim

  #1 (permalink)
glendale ca usa
 
 
Posts: 49 since Sep 2017
Thanks: 2 given, 40 received

SMA_HISTO for thinkorswim

TRY this AMAZING INDICATOR.

#SMA_HISTO
################################
input Length3 = 14;
input MovAvgLength = 9;

def highest3 = Highest(high, Length3);
def lowest = Lowest(low, Length3);
def data = if highest3 == lowest then -100 else (highest3 - close) / (highest3 - lowest) * (-100);
def PercentR_SMA = if( data > 0, 0, data);
#PercentR_SMA.SetDefaultColor(Color.white);

plot SMA = 10*Average(data =PercentR_SMA, length = MovAvgLength) +500; #*.1 +50;
SMA.SetDefaultColor(color.magenta);


input Length4 = 14;
input MovAvgLength4 = 14;

def highest4 = Highest(high, Length4);
def lowest4 = Lowest(low, Length4);
def data4 = if highest4 == lowest4 then -100 else (highest4 - close) / (highest4 - lowest4) * (-100);
def PercentR_SMa4 = if( data4 > 0, 0, data4);
#PercentR_SMA.SetDefaultColor(Color.white);

plot SMA4 = 10*Average(data =PercentR_SMA4, length = MovAvgLength4) +500; #*.1 +50;



PLOT smO = WildersAverage(Floor(sma)) ;
PLOT sm1 = WildersAverage(ROUND(sma)) ;
#smO.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);


addcloud(smo, sma, color.yellow, color.cyan);
addcloud(sma4, sma, color.red, color.green);
#smO.assignValueColor(if smo>0 then color.cyan else color.pink);



input length = 30;#70
input over_Sold = 20;
input over_Bought = 80;



def highest = Highest(high, length);
def divisor = highest - Lowest(low, length);
#1*
plot "%R" = if divisor equals 0 then 0 else 100 - 100 * (highest - close) / divisor;
plot OverBought = over_Bought;
OverBought.hide();
plot OverSold = over_Sold;
OverSold.hide();

"%R".DefineColor("OverBought", GetColor(1));
"%R".DefineColor("Normal", GetColor(7));
"%R".DefineColor("OverSold", color.red);
"%R".AssignValueColor(if "%R" > over_Bought then "%R".color("OverBought") else if "%R" < over_Sold then "%R".color("OverSold") else "%R".color("Normal"));
"%R".setLineWeight(2);


plot line0 = 0;
line0.setStyle (curve.MEDIUM_DASH);
line0.setDefaultColor(color.gray);
line0.AssignValueColor(if "%R" > over_Bought then "%R".color("OverBought") else if "%R" < over_Sold then "%R".color("OverSold") else color.dark_gray);
line0.setLineWeight(2);

#smo.AssignValueColor(if "%R" > over_Bought then "%R".color("OverBought") else if "%R" < over_Sold then "%R".color("OverSold") else color.dark_gray);

####END CODE

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  #2 (permalink)
Market Wizard
Portland, OR
 
Trading Experience: None
 
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Posts: 1,803 since Mar 2011
Thanks: 1,321 given, 3,076 received

Why's it amazing?

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