samuelhei

Snake Oscillator 1.1

This Oscillator helps to identify the ending of waves, good to get entries and exits. Now, with a tolerance line.
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("Snake Oscillator","SNK_OSC")

len = input(25,"Length")

h = ema(high,len)
l = ema(low,len)


hp = h/h[len]
lp = l/l[len]
 
avg = avg(hp,lp)

havg = ema(highest(avg,len),len)
lavg = ema(lowest(avg,len),len)

avg2 = avg(havg,lavg)

dif = havg - avg2



pa = plot(avg,color=gray)
ph = plot(havg,color=gray)
pl = plot(lavg,color=gray)

plot(havg+dif,color=black)
plot(lavg-dif,color=black)

fill(ph,pa,color=red,transp=60)
fill(pl,pa,color=green,transp=60)

Kommentare

can you please help me understand how to use it ? Especially, what does the colors indicate ?
+1 Antworten
can you add the feature of histogram in plot background
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like it.
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Can you explain how it works please ? Thanks !
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samuelhei sigmadict
hp = h/h // This provides the porcentage of change of ema(high, len) considered len periods back
lp = l/l // same of hp, but with lows

avg = avg(hp,lp) // Average of porcentage of change of low and High

havg = ema(highest(avg,len),len) // Highest avg of change of len periods back amortized by ema
lavg = ema(lowest(avg,len),len) //Lowest avg of change of len periods back amortized by ema

--

Idea is check if the trend is making the same proportion of highs and lows in a trend move.
+3 Antworten
sigmadict samuelhei
thank you for taking time to respond !
+4 Antworten
Rocketman samuelhei
@samuelhei, Dag, I still don't understand. Is it the same thing as "Snake In Borders" on MT4 (A.k.a snake force)?
+7 Antworten