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Date/Time: Wed, 01 May 2024 21:52:47 +0000

Post From: WaveTrend Oscillator Sierra Charts

[2019-04-15 13:14:14] Link To Thread - Link To Post [Go To First Post]
baystreetbull - Posts: 4
"WaveTrend Oscillator" I was curious if there is any similar indicators or if this indicator is available under a different name on SC. Believe its similar to an rsi except it uses an (HLC / 3) instead of just the close to calculate the ema's etc.. for example I have this coded on another site just for reference. n1 = input(10, "Channel Length") n2 = input(21, "Average Length") obLevel1 = input(60, "Over Bought Level 1") obLevel2 = input(53, "Over Bought Level 2") osLevel1 = input(-60, "Over Sold Level 1") osLevel2 = input(-53, "Over Sold Level 2") ap = hlc3 esa = ema(ap, n1) d = ema(abs(ap - esa), n1) ci = (ap - esa) / (0.015 * d) tci = ema(ci, n2) wt1 = tci wt2 = sma(wt1,4) Thank You in advance Simon