SHARE
TWEET

WaveTrend [LazyBear]

lazybeartv May 14th, 2015 265 Never
Not a member of Pastebin yet? Sign Up, it unlocks many cool features!
  1. //
  2. // @author LazyBear
  3. //
  4. // List of my public indicators: http://bit.ly/1LQaPK8
  5. // List of my app-store indicators: http://blog.tradingview.com/?p=970
  6. //
  7. // Added title attributes to all plot()
  8. //
  9. study(title="WaveTrend [LazyBear]", shorttitle="WT_LB")
  10. n1 = input(10, "Channel Length")
  11. n2 = input(21, "Average Length")
  12. obLevel1 = input(60, "Over Bought Level 1")
  13. obLevel2 = input(53, "Over Bought Level 2")
  14. osLevel1 = input(-60, "Over Sold Level 1")
  15. osLevel2 = input(-53, "Over Sold Level 2")
  16.  
  17. ap = hlc3
  18. esa = ema(ap, n1)
  19. d = ema(abs(ap - esa), n1)
  20. ci = (ap - esa) / (0.015 * d)
  21. tci = ema(ci, n2)
  22.  
  23. wt1 = tci
  24. wt2 = sma(wt1,4)
  25.  
  26. plot(0, color=gray, title="ZeroLine")
  27. plot(obLevel1, color=red, title="OBLEVEL 1")
  28. plot(osLevel1, color=green, title="OSLEVEL 1")
  29. plot(obLevel2, color=red, style=3, title="OBLEVEL 2")
  30. plot(osLevel2, color=green, style=3, title="OSLEVEL 2")
  31.  
  32. plot(wt1, color=green, title="WT")
  33. plot(wt2, color=red, style=3, title="Signal")
  34. plot(wt1-wt2, color=blue, style=area, transp=80, title="Histogram")
RAW Paste Data
We use cookies for various purposes including analytics. By continuing to use Pastebin, you agree to our use of cookies as described in the Cookies Policy. OK, I Understand
Top