ucsgears

DMI Stochastic Extereme

USed the DMI Oscillator created by LARK " " to create this DMI Stochastic Extreme. You can also use the DMI Stochastic by Lark
Updated Version -
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
study(title="DMI Stochastic Extreme", shorttitle="DMI-Stochastic", overlay=false)
// Wells Wilders MA
wwma(l,p) =>
    wwma = (nz(wwma[1]) * (l - 1) + p) / l

// Inputs
DMIlength = input(10)
Stolength = input(3)

// DMI Osc Calc
hiDiff = high - high[1]
loDiff = low[1] - low
plusDM = (hiDiff > loDiff) and (hiDiff > 0) ? hiDiff : 0
minusDM = (loDiff > hiDiff) and (loDiff > 0) ? loDiff : 0
ATR = wwma(DMIlength, tr)
PlusDI = 100 * wwma(DMIlength,plusDM) / ATR
MinusDI = 100 * wwma(DMIlength,minusDM) / ATR
osc = PlusDI - MinusDI

// DMI Stochastic Calc
hi = highest(osc, Stolength)
lo = lowest(osc, Stolength)

Stoch = sum((osc-lo),Stolength) / sum((hi-lo),Stolength) *100
plot(Stoch, color = white, title = 'Stochastic', linewidth = 2, style = line)

p0 = 0
p1 = 100
p2 = 90
p3 = 10

crossUp = Stoch[1] < 10 and Stoch >10 ? 1 : 0
crossDown = Stoch[1] > 90 and Stoch < 90 ? 1 : 0

//crossP3 = cross(Stoch,p3)

//circleYPosition = crossP3
//circleYPosition = p3
//circleYPosition_l = p2

plot (p3, color = red, linewidth = 1, title = 'Over Bought')
plot (p2, color = green, linewidth = 1, title = 'Over Sold')

//plot(crossUp and crossP3 ? circleYPosition : na, color = green, style = cross, linewidth = 4, title='Long')
//plot(crossUp ? circleYPosition : na, color = green, style = cross, linewidth = 4, title='Long', offset=-1)
//plot(sd and cross_down and cross(sma(ac, 1), achm) ? circleYPosition : na,style=cross, linewidth=6, color=fuchsia)
//plot(crossDown ? circleYPosition_l : na,style=cross, linewidth=6, color=fuchsia, offset=-1)

//plot(cross(Stoch,p2) ? Stoch : na, color = Stoch < p2 ? red : na, style = cross, linewidth = 4, title='Short')

plotchar(crossUp, title="i", char='B', location=location.bottom, color=green, transp=0, offset=0)
plotchar(crossDown, title="Gann Swing Low Plots-Triangles Up Bottom of Screen",char='S', offset=0, location=location.top, color=red, transp=0)

Kommentare

Nice !!!
+2 Antworten
any suggestions how to get it to work on version 4?
works only as version 2 atm for me.
Many Thanks
+1 Antworten
Tlothman janpaulke
@janpaulke, I ran into the same problem and found the solution the other day. Youll need to change wwma to

wwma(l, p) =>
wwma = 0.
wwma := (nz(wwma) * (l - 1) + p) / l

in order for it to work on version 4
+3 Antworten
Do you have this indicator for MT4?
Antworten
This signals look good for this chart. But i seemed to get a whipsawed a bunch for other charts.
Antworten
ucsgears joe_vijay
Indicators are a reflection of price in one way or another. If the Price is in Smooth uptrend like one of those tickers with some solid trading volume and market cap, you have a bit more reliable indicator than a choppy spikes here and there....
Antworten
Credit for adding B, S goes to Chris. Thanks Chris.
Antworten