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Direct MessagesDate/Time: Wed, 24 Apr 2024 23:38:36 +0000
WaveTrend Oscillator Sierra Charts
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| [2019-04-15 13:14:14] |
| baystreetbull - Posts: 4 |
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"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 |
| [2019-04-15 17:40:25] |
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Without looking through how these are coded, the one thing we can tell you is that the RSI study in Sierra Chart offers the option of using the HLC Average. So it sounds like it has what you are looking for. Refer to the documentation here: RSI Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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