CIPHER_COLORED based on wave trend from lazy bear
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CIPHER_COLORED based on wave trend from lazy bear


Created February 1st 2020 by alagrande
Updated February 6th 2020 by alagrande
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CIPHER_COLORED based on wave trend from lazy bear

  #1 (permalink)
glendale ca usa
Posts: 58 since Sep 2017
Thanks: 2 given, 45 received

CIPHER_COLORED based on wave trend from lazy bear

declare lower;
input Channel_Length = 4; #10
input Average_Length = 3; #10
input over_bought_1 = 60;
input over_bought_2 = 53;
input over_sold_1 = -60;
input over_sold_2 = -53;
input show_bubbles = yes;
input show_sec_bbls = no;
input show_alerts = yes;
def ap = hlc3;#hlc3
def esa = ExpAverage(ap, Channel_Length);
def d = ExpAverage(AbsValue(ap - esa), Channel_Length);
def ci = (ap - esa) / (0.015 * d);
def tci = ExpAverage(ci, Average_Length);
PLOT wt1 = tci;
PLOT wt2 = SimpleMovingAvg(wt1, 3);
def wt1_1 = wt1;
def wt2_1 = wt2;
#plot wt3 = (wt1 - wt2);

#def wt3 = Average (wt1 - wt2, 4);

input Channel_Length2 = 12; #10
input Average_Length2 = 12; #10
def esa2 = ExpAverage(ap, Channel_Length2);
def d2 = ExpAverage(AbsValue(ap - esa2), Channel_Length2);
def ci2 = (ap - esa) / (0.015 * d);
def tci2 = ExpAverage(ci2, Average_Length2);
PLOT wtA = tci2;
DEF wtB = SimpleMovingAvg(wtA, 4);

input Channel_Length3 = 14; #10
input Average_Length3 = 14; #10
def esa3 = ExpAverage(ap, Channel_Length3);
def d3 = ExpAverage(AbsValue(ap - esa3), Channel_Length3);
def ci3 = (ap - esa) / (0.015 * d);
def tci3 = ExpAverage(ci3, Average_Length3);
def wtC = tci3;
def wtD = SimpleMovingAvg(wtC, 4);

input Channel_Length4 = 16; #10
input Average_Length4 = 16; #10
def esa4 = ExpAverage(ap, Channel_Length4);
def d4 = ExpAverage(AbsValue(ap - esa4), Channel_Length4);
def ci4 = (ap - esa) / (0.015 * d);
def tci4 = ExpAverage(ci4, Average_Length4);
DEF wtE = tci4;
DEF wtF = SimpleMovingAvg(wtE, 4);

WT1.ASSignValueColor( if WT2<WTA and wt1>wTB then color.CYAN else if WT2>WTA and wt1<wTB then color.YELLOW else color.gray);


#addlabel(yes, "x", if WTA>WT2 then color.CYAN else if WTA<WT2 then color.YELLOW else color.gray);


#addlabel(yes, "x", if WT1>WTA then color.CYAN else if WT1<WTA then color.YELLOW else color.gray);

addlabel(yes, "x", if WTA>WT2 then color.CYAN else if WTA<WT2 then color.YELLOW else color.gray);

addlabel(yes, "O", if WT2<WTA and wt1>wTB then color.CYAN else if WT2>WTA and wt1<wTB then color.YELLOW else color.gray);
##addLabel(yes, " .. ", if wt12>wt13 and wt14>wt23 then else if wt12<wt13 and wt14<wt23 then else color.gray);

#ADDLABEL (yes, " ", if green[1] > white[1] and white[1]>red[1] then else if green[1] < white[1] and white[1]<red[1] then else color.gray);

#ASSignBackgroundColor( if wt12>wt13 and wt14>wt23 then else if wt12<wt13 and wt14<wt23 then else color.gray);

script ALMA { input Data = close; input Window = 9;
input Sigma = 4; #6
input Offset = 0.85;
def m = (Offset * (Window - 1));
def s = Window / Sigma;

def SumVectorData = fold y = 0 to Window with WS do WS + Exp(-(Sqr(y - m)) / (2 * Sqr(s))) * GetValue(Data, (Window - 1) - y);
def SumVector = fold z = 0 to Window with CW do CW + Exp(-(Sqr(z - m)) / (2 * Sqr(s)));

plot ALMA = 100* SumVectorData / SumVector;
input fastWindow = 2; #9
input slowWindow = 18;
input Sigma = 6; input Offset = 0.85;
def fastALMA = ALMA (close, fastWindow, Sigma, Offset);
def slowALMA = ALMA (close, slowWindow, Sigma, Offset);
def Hist = fastALMA - slowALMA;

addlabel(yes, "A", if Hist > 0 then else;

plot UpSignal = if HIST crosses above 0 then wt1 else Double.NaN;
plot DownSignal = if HIST crosses below 0 then wt1 else Double.NaN;


#end code

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  #2 (permalink)
desert CA
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Interesting looking oscillator on TOS. Does it help with spotting divergences?

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  #3 (permalink)
glendale ca usa
Posts: 58 since Sep 2017
Thanks: 2 given, 45 received

YES, it does!!

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