Check if below could work for you. Please do your extensive testing before put to use. I am not a rookie tos coder.Hello, can any TOS expert help translate these tradingview codes into TOS codes? Looks like it's an interesting indicator. Thanks a lot
Link:
https://www.tradingview.com/script/...ilerank-mkt-tops-bottoms/#chart-view-comments
#Kudos & Gratitude to Chrismoody https://www.tradingview.com/script/ngr0qRmw-CM-Laguerre-PPO-PercentileRank-Mkt-Tops-Bottoms/
input pctile = 90; # title="Percentile Threshold Extreme Value, Exceeding Creates Colored Histogram")
input wrnpctile = 70;# title="Percentile Threshold Warning Value, Exceeding Creates Colored Histogram")
input Short = 0.4 ;# title="PPO Setting")
input Long = 0.8 ;# title="PPO Setting")
input lkbT = 200;#,title="Look Back Period For 'Tops' Percent Rank is based off of?")
input lkbB = 200; #title="Look Back Period For 'Bottoms' Percent Rank is based off of?")
input sl = yes; #title="Show Threshold Line?")
input swl = yes;#title="Show Warning Threshold Line?")
script laguerre {
input gamma = 0.2;
input price = close;
rec L0 = (1 - gamma) * price + gamma * L0[1];
rec L1 = -gamma * L0 + L0[1] + gamma * L1[1];
rec L2 = -gamma * L1 + L1[1] + gamma * L2[1];
rec L3 = -gamma * L2 + L2[1] + gamma * L3[1];
plot Filt = (L0 + 2 * L1 + 2 * L2 + L3) / 6;
plot FIR = (price + 2 * price[1] + 2 * price[2] + price[3]) / 6;
}
;
def lmas = laguerre(Short, hl2).Filt;
def lmal = laguerre(Long, hl2).Filt;
def pctileB = pctile * -1;
def wrnpctileB = wrnpctile * -1;
#PPO Plot
def ppoT = ((lmas - lmal) / lmal) * 100 ;
def ppoB = ((lmal - lmas) / lmal) * 100;
# calculate the percent
# ---------------------------
def pctRankTT = fold i = 1 to lkbT + 1 with count = 0
do
if ppoT > ppoT[i] then
count + 1
else
count;
def pctRankT = Round((100 * pctRankTT / lkbT), 0);
def pctRankBB = fold j = 1 to lkbB + 1 with countj = 0
do
if ppoB > ppoB[j] then
countj + 1
else
countj;
def pctRankB = (100 * pctRankBB / lkbB) * -1;
plot pctRankTP = if pctRankT then pctRankT * 1 else Double.NaN;# if pctRankB then (Round(pctRankB/lkbT*100.0) * -1) else double.naN;
pctRankTP.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
pctRankTP.AssignValueColor(if (pctRankT >= pctile) then Color.RED else if (pctRankT >= wrnpctile and pctRankT < pctile) then Color.DARK_ORANGE else Color.DARK_GRAY);
pctRankTP.SetLineWeight(2);
plot perct_B = if pctRankB then pctRankB else Double.NaN;# if pctRankB then (Round(pctRankB/lkbT*100.0) * -1) else double.naN;
perct_B.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
perct_B.AssignValueColor(if (pctRankB <= pctileB) then CreateColor (23, 208, 23) else if (pctRankB <= wrnpctileB and pctRankB > pctileB) then Color.DARK_GREEN else CreateColor (98, 98, 98));
perct_B.SetLineWeight(2);
plot ZeroLineH = 0;
ZeroLineH.SetPaintingStrategy(PaintingStrategy.LINE);
ZeroLineH.AssignValueColor(CreateColor(134, 136, 138));
ZeroLineH.SetLineWeight(1);
# Extreme Move Percentile +ve Threshold Line
plot PEMPTLP = if sl and pctile then pctile else Double.NaN ;
PEMPTLP.SetPaintingStrategy(PaintingStrategy.LINE);
PEMPTLP.AssignValueColor(Color.RED);
PEMPTLP.SetLineWeight(1);
# Warning Percentile +ve Threshold Line
plot PWPTLP = if swl and wrnpctile then wrnpctile else Double.NaN ;
PWPTLP.SetPaintingStrategy(PaintingStrategy.LINE);
PWPTLP.AssignValueColor(Color.ORANGE);
PWPTLP.SetLineWeight(1);
# Extreme Move Percentile -ve Threshold Line
plot EMPTLP = if sl and pctileB then pctileB else Double.NaN ;
EMPTLP.SetPaintingStrategy(PaintingStrategy.LINE);
EMPTLP.AssignValueColor(Color.GREEN);
EMPTLP.SetLineWeight(1);
# Warning Percentile -ve Threshold Line
plot WPTLP = if swl and wrnpctileB then wrnpctileB else Double.NaN ;
WPTLP.SetPaintingStrategy(PaintingStrategy.LINE);
WPTLP.AssignValueColor(Color.LIME);
WPTLP.SetLineWeight(1);
#-----
hello all. i use a ppo indicator often and find that the version that @superbvictory posted here is a very clean yet effective indicator. i appreciate the others on this thread that posted their versions, but i still find the trading view (tv) version far superior. @TETRIZ did you convert this to tos and if so what did you see that could not convert perfectly? also, anyone else out there have experience converting scripts from tv to tos? if so would like to hear some advice. thanks!Hello, can any TOS expert help translate these tradingview codes into TOS codes? Looks like it's an interesting indicator. Thanks a lot
Link:
https://www.tradingview.com/script/...ilerank-mkt-tops-bottoms/#chart-view-comments
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