RicardoSantos

[RS]Linear Regression Bull and Bear Power Accumulation V1

EXPERIMENTAL:
Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes)
this indicator can also be used for convergence/divergence.
(accidentjev2) added multi timeframe support (indicator may repaint values)
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?
//@version=2
study(title='[RS]Linear Regression Bull and Bear Power Accumulation V1', shorttitle='BBPa', overlay=false)
SHOW_REM = input(title='Show as (bull-bear)?', type=bool, defval=false)
SHOW_ACC = input(title='Show as accumulation?', type=bool, defval=true)
window = input(title='Lookback Window:', type=integer, defval=10)
smoothing = input(title='Smoothing Length:', type=integer, defval=4)
acc_length = input(title='Accumulation Length:', type=integer, defval=100)
USE_ALT_TF = input(title='Use alternative timeframe?', type=bool, defval=false)
alt_tf = input(title='Alternative timeframe:', type=string, defval='D', confirm=false)

f_exp_lr(_height, _length)=>
    _ret = _height + (_height/_length)

h_value = highest(close, window)
l_value = lowest(close, window)

h_bar = n-highestbars(close, window)
l_bar = n-lowestbars(close, window)

bear = 0-f_exp_lr(h_value-close, n-h_bar)
bull = 0+f_exp_lr(close-l_value, n-l_bar)

bear_acc = sum(nz(bear, 0), acc_length)
bull_acc = sum(nz(bull, 0), acc_length)

rem = SHOW_ACC ? bull_acc-abs(bear_acc) : bull - abs(bear)
rem_bull = rem > 0 ? rem : 0
rem_bear = rem < 0 ? rem : 0

bear_output = USE_ALT_TF ? security(tickerid, alt_tf, SHOW_REM?rem_bear:SHOW_ACC?bear_acc:bear) : SHOW_REM?rem_bear:SHOW_ACC?bear_acc:bear
bull_output = USE_ALT_TF ? security(tickerid, alt_tf, SHOW_REM?rem_bull:SHOW_ACC?bull_acc:bull) : SHOW_REM?rem_bull:SHOW_ACC?bull_acc:bull

plot(title='Bear', series=bear_output, style=columns, color=maroon)
plot(title='Bull', series=bull_output, style=columns, color=green)

Kommentare

Looks nice however when I try it both plots are shown rather than just one as displayed ....
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RicardoSantos AdamSragovicz
try setting as (bull-bear) to true in the settings
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stockspy RicardoSantos
@RicardoSantos, thank you for adding the ability for bull-bear. Much preferred for me!
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