https://www.tradingview.com/script/27DO5DG7-Range-Identifier/
//@version=4
study("Range Identifier")
// Inputs
i_maSource = input(close, "Source", input.source)
i_maType = input("WMA", "MA Type", input.string, options = ["EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "LSMA", "Kijun", "McGinley"])
i_maLen1 = input(3, "MA Fast Length", input.integer)
i_maLen2 = input(24, "MA Slow Length", input.integer)
i_atrLen1 = input(3, "ATR Period 1", input.integer)
i_atrLen2 = input(24, "ATR Period 2", input.integer)
i_treshold = input(false, "Custom Treshold ? Default is Auto.", input.bool)
i_custom = input(0.1, "Custom Treshold", input.float, minval = 0.001)
i_showBG = input(true,"Show Background Color?")
// Moving Averages
ma(type, src, len) =>
float result = 0
if type=="SMA" // Simple
result := sma(src, len)
if type=="EMA" // Exponential
result := ema(src, len)
if type=="DEMA" // Double Exponential
e = ema(src, len)
result := 2 * e - ema(e, len)
if type=="TEMA" // Triple Exponential
e = ema(src, len)
result := 3 * (e - ema(e, len)) + ema(ema(e, len), len)
if type=="WMA" // Weighted
result := wma(src, len)
if type=="VWMA" // Volume Weighted
result := vwma(src, len)
if type=="SMMA" // Smoothed
w = wma(src, len)
result := na(w[1]) ? sma(src, len) : (w[1] * (len - 1) + src) / len
if type == "RMA"
result := rma(src, len)
if type=="HMA" // Hull
result := wma(2 * wma(src, len / 2) - wma(src, len), round(sqrt(len)))
if type=="LSMA" // Least Squares
result := linreg(src, len, 0)
if type=="Kijun" //Kijun-sen
kijun = avg(lowest(len), highest(len))
result :=kijun
if type=="McGinley"
mg = 0.0
mg := na(mg[1]) ? ema(src, len) : mg[1] + (src - mg[1]) / (len * pow(src/mg[1], 4))
result :=mg
result
// Auto Set Treshold
float treshold = na
if timeframe.period == "M" or timeframe.period == "W"
treshold := 0.5
else
if timeframe.period == "D"
treshold := 0.4
else
if timeframe.period == "240"
treshold := 0.14
else
if timeframe.period == "60"
treshold := 0.08
else
if timeframe.period == "30"
treshold := 0.05
else
if timeframe.period == "15"
treshold := 0.04
else
if timeframe.period == "5"
treshold := 0.02
else
if timeframe.period == "1"
treshold := 0.01
ma1 = 100 * (ma(i_maType, i_maSource, i_maLen1) - ma(i_maType, i_maSource, i_maLen2)) * atr(i_atrLen1) + 0.00001
ma2 = ma1 / ma(i_maType, i_maSource, i_maLen2) / atr(i_atrLen2)
range = (exp(2.0*ma2) - 1.0) / (exp(2.0 * ma2) + 1.0)
// Plots
c_range = range >= (i_treshold ? i_custom : treshold) ? color.lime : range <= -(i_treshold ? i_custom : treshold) ? color.red : color.gray
c_background = range >= (i_treshold ? i_custom : treshold) ? color.lime : range <= -(i_treshold ? i_custom : treshold) ? color.red : color.gray
plot(range, "Range", c_range, 4, plot.style_line)
plot((i_treshold ? i_custom : treshold), "Upper Treshold", color.gray, 1, plot.style_circles)
plot(-(i_treshold ? i_custom : treshold), "Lower Treshold", color.gray, 1, plot.style_circles)
bgcolor(i_showBG ? c_background : na)
//@version=4
study("Range Identifier")
// Inputs
i_maSource = input(close, "Source", input.source)
i_maType = input("WMA", "MA Type", input.string, options = ["EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "LSMA", "Kijun", "McGinley"])
i_maLen1 = input(3, "MA Fast Length", input.integer)
i_maLen2 = input(24, "MA Slow Length", input.integer)
i_atrLen1 = input(3, "ATR Period 1", input.integer)
i_atrLen2 = input(24, "ATR Period 2", input.integer)
i_treshold = input(false, "Custom Treshold ? Default is Auto.", input.bool)
i_custom = input(0.1, "Custom Treshold", input.float, minval = 0.001)
i_showBG = input(true,"Show Background Color?")
// Moving Averages
ma(type, src, len) =>
float result = 0
if type=="SMA" // Simple
result := sma(src, len)
if type=="EMA" // Exponential
result := ema(src, len)
if type=="DEMA" // Double Exponential
e = ema(src, len)
result := 2 * e - ema(e, len)
if type=="TEMA" // Triple Exponential
e = ema(src, len)
result := 3 * (e - ema(e, len)) + ema(ema(e, len), len)
if type=="WMA" // Weighted
result := wma(src, len)
if type=="VWMA" // Volume Weighted
result := vwma(src, len)
if type=="SMMA" // Smoothed
w = wma(src, len)
result := na(w[1]) ? sma(src, len) : (w[1] * (len - 1) + src) / len
if type == "RMA"
result := rma(src, len)
if type=="HMA" // Hull
result := wma(2 * wma(src, len / 2) - wma(src, len), round(sqrt(len)))
if type=="LSMA" // Least Squares
result := linreg(src, len, 0)
if type=="Kijun" //Kijun-sen
kijun = avg(lowest(len), highest(len))
result :=kijun
if type=="McGinley"
mg = 0.0
mg := na(mg[1]) ? ema(src, len) : mg[1] + (src - mg[1]) / (len * pow(src/mg[1], 4))
result :=mg
result
// Auto Set Treshold
float treshold = na
if timeframe.period == "M" or timeframe.period == "W"
treshold := 0.5
else
if timeframe.period == "D"
treshold := 0.4
else
if timeframe.period == "240"
treshold := 0.14
else
if timeframe.period == "60"
treshold := 0.08
else
if timeframe.period == "30"
treshold := 0.05
else
if timeframe.period == "15"
treshold := 0.04
else
if timeframe.period == "5"
treshold := 0.02
else
if timeframe.period == "1"
treshold := 0.01
ma1 = 100 * (ma(i_maType, i_maSource, i_maLen1) - ma(i_maType, i_maSource, i_maLen2)) * atr(i_atrLen1) + 0.00001
ma2 = ma1 / ma(i_maType, i_maSource, i_maLen2) / atr(i_atrLen2)
range = (exp(2.0*ma2) - 1.0) / (exp(2.0 * ma2) + 1.0)
// Plots
c_range = range >= (i_treshold ? i_custom : treshold) ? color.lime : range <= -(i_treshold ? i_custom : treshold) ? color.red : color.gray
c_background = range >= (i_treshold ? i_custom : treshold) ? color.lime : range <= -(i_treshold ? i_custom : treshold) ? color.red : color.gray
plot(range, "Range", c_range, 4, plot.style_line)
plot((i_treshold ? i_custom : treshold), "Upper Treshold", color.gray, 1, plot.style_circles)
plot(-(i_treshold ? i_custom : treshold), "Lower Treshold", color.gray, 1, plot.style_circles)
bgcolor(i_showBG ? c_background : na)
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