LazyBear

Cycle Channel Oscillator [LazyBear]

Here's an oscillator derived from my previous script, Cycle Channel Clone (www.tradingview.com/v/QmgtSIj5/).

There are 2 oscillator plots - fast & slow. Fast plot shows the price location with in the medium term channel, while slow plot shows the location of short term midline of cycle channel with respect to medium term channel.

Usage of this is similar to %b oscillator. The slow plot can be considered as the signal line.

Bar colors can be enabled via options page. When short plot is above 1.0 or below 0, they are marked purple (both histo and the bar color) to highlight the extreme condition.

This makes use of the default 10/30 values of Cycle Channel, but may need tuning for your instrument.

More info:

List of my free indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970 (More info: bit.ly/lazybeardoc)

List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.

Vuoi usare questo script sui tuoi grafici?
//
// @author LazyBear 
// List of my public indicators: http://bit.ly/1LQaPK8
// List of my app-store indicators: http://blog.tradingview.com/?p=970 
//
study("Hurst Cycle Channel Clone Oscillator [LazyBear]", shorttitle="HCCCO_LB", overlay=false)
scl_t =  input(10, title="Short Cycle Length?")
mcl_t =  input(30, title="Medium Cycle Length?")
scm =  input(1.0, title="Short Cycle Multiplier?")
mcm =  input(3.0, title="Medium Cycle Multiplier?")
src=input(close, title="Source")
scl = scl_t/2, mcl = mcl_t/2
ma_scl=rma(src,scl)
ma_mcl=rma(src,mcl)
scm_off = scm*atr(scl)
mcm_off = mcm*atr(mcl)
scl_2=scl/2, mcl_2=mcl/2
sct =  nz(ma_scl[scl_2], src)+ scm_off
scb =  nz(ma_scl[scl_2], src)- scm_off
mct =  nz(ma_mcl[mcl_2], src)+ mcm_off
mcb =  nz(ma_mcl[mcl_2], src)- mcm_off
scmm=avg(sct,scb)
ul=plot(1.0, title="UpperLine", color=gray), ml=plot(0.5, title="MidLine", color=gray), ll=plot(0.0, title="LowerLine", color=gray)
fill(ll,ml,color=red), fill(ul,ml,color=green)
omed=(scmm-mcb)/(mct-mcb)
oshort=(src-mcb)/(mct-mcb)
plot(omed>=1.0?omed:na, histbase=1.0, style=histogram, color=purple, linewidth=2, title="MediumCycleOB")
plot(omed<=0.0?omed:na, histbase=0.0, style=histogram, color=purple, linewidth=2, title="MediumCycleOS")
plot(oshort>=1.0?oshort:na, histbase=1.0, style=histogram, color=purple, linewidth=2, title="ShortCycleOB")
plot(oshort<=0.0?oshort:na, histbase=0.0, style=histogram, color=purple, linewidth=2, title="ShortCycleOS")
plot(oshort, color=red, linewidth=2, title="FastOsc")
plot(omed, color=green, linewidth=2, title="SlowOsc")
ebc=input(false, title="Enable bar colors")
bc=(oshort>0.5)?(oshort>1.0?purple:(oshort>omed?lime:green)):(oshort<0?purple:(oshort<omed?red:orange))
barcolor(ebc?bc:na)