Purple Cloud
The above lines calculate several intermediate values used in the indicator's calculations. Here's a breakdown of each variable:
a1: Represents a modified Exponential Moving Average (EMA) of the high price series, subtracted by a Simple Moving Average (SMA) of the low price series.
a2: Takes the square root of the lowest value between the highest close price over the last 200 bars and the current close price, multiplied by a1.
b1: Represents a modified EMA of the low price series, subtracted by an SMA of the high price series.
b2: Takes the square root of the highest value between the lowest close price over the last 200 bars and the current close price, multiplied by b1.
c1: Represents the square root of a2 multiplied by b2.
These lines create multiple plots using the plot function. Each plot represents a displaced version of c1 by a certain multiple of the Average True Range (ATR) multiplied by a constant factor (0.1, 0.2, 0.3, etc.). The transparency (transp) is set to 100 for all plots.
a1: Represents a modified Exponential Moving Average (EMA) of the high price series, subtracted by a Simple Moving Average (SMA) of the low price series.
a2: Takes the square root of the lowest value between the highest close price over the last 200 bars and the current close price, multiplied by a1.
b1: Represents a modified EMA of the low price series, subtracted by an SMA of the high price series.
b2: Takes the square root of the highest value between the lowest close price over the last 200 bars and the current close price, multiplied by b1.
c1: Represents the square root of a2 multiplied by b2.
These lines create multiple plots using the plot function. Each plot represents a displaced version of c1 by a certain multiple of the Average True Range (ATR) multiplied by a constant factor (0.1, 0.2, 0.3, etc.). The transparency (transp) is set to 100 for all plots.
Versionshinweise:
Add Alpha
Versionshinweise:
Added Pink Green Yellow bar.
Green Bar--->Buy
Pink Bar--->Sell
Yellow Bar--->Unstable
Green Bar--->Buy
Pink Bar--->Sell
Yellow Bar--->Unstable
Versionshinweise:
I added Maybe Pump Maybe Dump
Versionshinweise:
Added Rsi Background Color
Versionshinweise:
Deleted Clouds
Versionshinweise:
Added Bomb Pump Dump
Versionshinweise:
Changed All
Versionshinweise:
Change Name
Versionshinweise:
added alert and funcs
Versionshinweise:
Added colour
Versionshinweise:
Added MMD Bands
Versionshinweise:
Added Supertrend and Ema 200 50 20
Versionshinweise:
Added Buying Pressure Threshold % and Selling Pressure Threshold % and changed formula