OPEN-SOURCE SCRIPT
Belkhayate Timing [LazyBear]
--- Update April 11, 2015 ----
I have merged in @TheMighyChicken's code (Thanks!) and added some more options. Updated source here - pastebin.com/fVx5Bugi
Changes:
--------------
- Switch between plain candles and colored oscillator candles.
- Switch between candles and plain oscillator view.
--- Original Description ---
Belkhayate Timing, by Mostafa Belkhayate, is very famous in the Forex groups. This is a port from one of the MT4 versions available. If you have used this in other platforms, do let me know if this looks compared to those.
The usage is similar to that of ValueChart (tradingview.com/v/vqWXNNq2/). The middle area is the centroid or neutral area, the shaded regions (red/green) are extreme and beyond those are AlertZones. This seems to be used in conjunction with his other indicators, but, in my limited testing, I have seen this give a lot of good signals, especially on divergences.
Indicator allows coloring bars based on the oscillator position or show oscillator histogram (Check the options page).
Histogram=ON:
No Oscillator Smoothing:
@TheMightyChicken Can you do your candle magic on this oscillator too, just like you did for ValueChart? :)
More Info:
forexfactory.com/attachment.php?attachmentid=942089&d=1334351098
List of my public indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970
I have merged in @TheMighyChicken's code (Thanks!) and added some more options. Updated source here - pastebin.com/fVx5Bugi
Changes:
--------------
- Switch between plain candles and colored oscillator candles.
- Switch between candles and plain oscillator view.
--- Original Description ---
Belkhayate Timing, by Mostafa Belkhayate, is very famous in the Forex groups. This is a port from one of the MT4 versions available. If you have used this in other platforms, do let me know if this looks compared to those.
The usage is similar to that of ValueChart (tradingview.com/v/vqWXNNq2/). The middle area is the centroid or neutral area, the shaded regions (red/green) are extreme and beyond those are AlertZones. This seems to be used in conjunction with his other indicators, but, in my limited testing, I have seen this give a lot of good signals, especially on divergences.
Indicator allows coloring bars based on the oscillator position or show oscillator histogram (Check the options page).
Histogram=ON:
No Oscillator Smoothing:
@TheMightyChicken Can you do your candle magic on this oscillator too, just like you did for ValueChart? :)
More Info:
forexfactory.com/attachment.php?attachmentid=942089&d=1334351098
List of my public indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.