Hello and welcome to my revamp of the famous Godmode 3.1 oscillator (originally created by LazyBear, xSilas, and Ni6HTH4wK).
I wanted to create a version that improved on some of the flaws of the initial code, mainly being the use of multi-exchanges, as well as the code from the original oscillator as shown below:
As you can see, the original versions of Godmode did not actually utilize the Godmode function within their scripts if you were not running the multi-exchange function. I have fixed that. This version is fully dynamic and not restricted to any particular asset or exchange pairing.
In addition, I have added the following features in the "Input" settings:
- An option to switch between the "Godmode" (avg(tci(src),csi(src),mf(src),willy(src))) calculation and "Tradition" (avg(tci(src),mf(src),rsi(src, n3))), as explained above
- The ability to switch from the original (High + Low + Close)/3 source to (High + Low)/2, (High + Open + Close + Low)/4, and just Close
- Pre-made lengths to use for the Godmode oscillator, with the option to customize and set your own
- Selection of the type of MA used for the lagging Godmode line, with options of EMA, SMA, WMA, and RMA, as well as the length used in the calculation
- The ability to enable smoothing of the leading Godmode line, with options of EMA, SMA, WMA, and RMA, as well as the length used in the calculation <-- This is awesome
- New overextensions, with different colors being displayed at 25 & 75, 20 & 80, 15 & 85, and 10 & 90 (similar to overextensions on RSI)
- The ability to display the overextensions as background color, as well as dots along the oscillator (as per original copy). There are also pre-made color schemes for the overextensions, to save you some time.
Please make yourselves comfortable with the customization settings, as they were designed to make your life easier!
Hey! do you have any recommendations for the settings/your personal favorites? I've been using this script for awhile and trying your revamp, just wondering what works best!
checkm8
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I usually use the settings as set by default selection and enable smoothing, I find it paints a better picture.
robswc
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@checkm8, thanks for the info!
one more question, how do you do the "drop down" selections in Pine? I couldn't find the type for input :/
manicorpfx
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Can I have access to the source script please? Thanks