candlestix
New member
I I have a question. I have 2 indicators layered on top of each other, but every time I zoom in or move my chart the indicators separate. Is there a code that you can add so they both are aligned at the 0 line?
overlaid studies in lower chart
- Thread starter candlestix
- Start date
ApeX Predator
Well-known member
It depends on what both of them are doing, can you give an example or a screenshot of what you putting together?
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netarchitech
Well-known member
@candlestix : Sounds like a scaling issue...I just worked on a similar issue... What are the indicators that are "layered"?
If possible, post the names of the indicators and/or a screenshot, as @ApeX Predator requested...
I would assume they need to have the same scale (numbers on the right hand side of each lower)
candlestix
New member
I tried to upload the screenshot, but it won't let me. I am using Ergostic and Squeeze indicator
ApeX Predator
Well-known member
if those scripts are already in this form, provide the links to both of them.
Also, check this tread on how to insert images, for future.
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/page-3#post-98334
netarchitech
Well-known member
@candlestix : Here are directions to capturing a screenshot and inserting an image in a post...
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-58714
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/post-1609
I'm working on merging the ErgodicOsc and the Squeeze indicators, which I will post shortly...
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-58714
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/post-1609
I'm working on merging the ErgodicOsc and the Squeeze indicators, which I will post shortly...
netarchitech
Well-known member
@candlestix : Area 1 highlights the overlaying of the Squeeze indicator by the ErgodicOsc indicator. As a result of using the two default indicators without changing the code you get the scaling issue I mentioned previously. The Scale is in percentages instead of numbers. Also, the Zero Lines are off.
Area 2 shows the proper overlaying of the two indicators where the Scale should and does have values revolving around a common Zero Line. In my opinion, the merging of these two indicators makes the newly combined indicator difficult to read, due to using two histograms for display of the data...
Below are three options to choose from:
Option 1: The original merging of the two indicators complete with two histograms and the aforementioned readability issue...
Option 2 : Changes the ErgodicOsc from a histogram to a line with the original coloring intact. Once again, this can be difficult to read in spots...
Option 3: Keeps the ErgodicOsc as a line and changes the coloring to white for contrast, clarity and easy readability...
Below is the respective code for each of the options:
Option 1
Option 2
Option 3
Hope this helps...
Good Luck and Good Trading
Credits: Thanks to Mobius and Some Random Alien for the Squeeze portion of the code...
Area 2 shows the proper overlaying of the two indicators where the Scale should and does have values revolving around a common Zero Line. In my opinion, the merging of these two indicators makes the newly combined indicator difficult to read, due to using two histograms for display of the data...
Below are three options to choose from:
Option 1: The original merging of the two indicators complete with two histograms and the aforementioned readability issue...
Option 2 : Changes the ErgodicOsc from a histogram to a line with the original coloring intact. Once again, this can be difficult to read in spots...
Option 3: Keeps the ErgodicOsc as a line and changes the coloring to white for contrast, clarity and easy readability...
Below is the respective code for each of the options:
Option 1
Code:
declare lower;
script normalizer {
input data = close;
input Min = -1;
input Max = 1;
input length = 50;
def hhData = Highest(data, length);
def llData = Lowest(data, length);
plot resized = (((Max - Min) * (data - llData)) /
(hhData - llData)) + Min;
}
### ERGODIC OSCILLATOR ###
input longLength = 25;
input shortLength = 13;
input signalLength = 8;
input averageType = AverageType.EXPONENTIAL;
plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal);
ErgodicOsc.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
ErgodicOsc.SetLineWeight(3);
ErgodicOsc.DefineColor("Positive", Color.UPTICK);
ErgodicOsc.DefineColor("Negative", Color.DOWNTICK);
ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative"));
### SQUEEZE ###
input length = 21; #hint length: Length for average calculation.
input price = close;
input SDmult = 2.0;
input ATRmult = 1.5;
def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length);
plot Momo = normalizer(Inertia(price - K / 2, length));
Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Momo.SetLineWeight(3);
Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN
else if Momo > 0 and Momo < Momo[1] then Color.BLUE
else if Momo < 0 and Momo < Momo[1] then Color.RED
else Color.YELLOW);
#--------------- [ Metrics From Mobius ] ---------------
def SD = StDev(close, length);
def Avg = Average(close, length);
def ATR = Average(TrueRange(high, close, low), length);
def SDup = normalizer(Avg + (SDmult * SD));
def ATRup = normalizer(Avg + (ATRmult * ATR));
plot Squeeze = if SDup < ATRUp then 0 else Double.NaN;
#------------------------------------------------------------------------------------------
# David M.(Some Random Alien) 10-6-2021
# Don't blame Mobius... I made this mess :)
# Code displays Squeeze Watch Prediction Index.
# Depending on volume, a score of less then 25 could signal an impeding Squeeze.
def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100;
def squeezeIndex = Round(squeezePrediction * 10000, 0);
def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100;
def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2);
def squeezeIndexOn = squeezeIndex <= 0;
rec counter = if squeezeIndexOn then counter[1] + 1 else 0;
def deepSqueeze = squeezeIndex <= -20;
rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0;
rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1];
#---------------------------- [ Plots Some Dots ] -----------------------------
Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS);
Squeeze.SetLineWeight(5);
Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED);
Squeeze.SetDefaultColor(Color.RED);
#------------------------------------------------------------------------------
# Make the SI bar look pretty :)
#AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE);
def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN;
#--------------------------------------------------------------------------------------------------
#---------------------------------------------------------------------------------------------------
#
# I changed this Mobius code to show orange during initial squeeze
# and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better
# than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more
# than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5.
# Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride
# at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect
# my ignorance of the craft :)
#
#----------------------------------------------------------------------------------------------------
#AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo)
#then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226));
def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0;
plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0;
zero.SetPaintingStrategy(PaintingStrategy.POINTS);
zero.SetLineWeight(5);
zero.SetDefaultColor(Color.GREEN);Option 2
Code:
declare lower;
script normalizer {
input data = close;
input Min = -1;
input Max = 1;
input length = 50;
def hhData = Highest(data, length);
def llData = Lowest(data, length);
plot resized = (((Max - Min) * (data - llData)) /
(hhData - llData)) + Min;
}
### ERGODIC OSCILLATOR ###
input longLength = 25;
input shortLength = 13;
input signalLength = 8;
input averageType = AverageType.EXPONENTIAL;
plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal);
ErgodicOsc.SetPaintingStrategy(PaintingStrategy.LINE);
ErgodicOsc.SetLineWeight(3);
ErgodicOsc.DefineColor("Positive", Color.UPTICK);
ErgodicOsc.DefineColor("Negative", Color.DOWNTICK);
ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative"));
### SQUEEZE ###
input length = 21; #hint length: Length for average calculation.
input price = close;
input SDmult = 2.0;
input ATRmult = 1.5;
def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length);
plot Momo = normalizer(Inertia(price - K / 2, length));
Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Momo.SetLineWeight(5);
Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN
else if Momo > 0 and Momo < Momo[1] then Color.BLUE
else if Momo < 0 and Momo < Momo[1] then Color.RED
else Color.YELLOW);
#--------------- [ Metrics From Mobius ] ---------------
def SD = StDev(close, length);
def Avg = Average(close, length);
def ATR = Average(TrueRange(high, close, low), length);
def SDup = normalizer(Avg + (SDmult * SD));
def ATRup = normalizer(Avg + (ATRmult * ATR));
plot Squeeze = if SDup < ATRUp then 0 else Double.NaN;
#------------------------------------------------------------------------------------------
# David M.(Some Random Alien) 10-6-2021
# Don't blame Mobius... I made this mess :)
# Code displays Squeeze Watch Prediction Index.
# Depending on volume, a score of less then 25 could signal an impeding Squeeze.
def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100;
def squeezeIndex = Round(squeezePrediction * 10000, 0);
def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100;
def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2);
def squeezeIndexOn = squeezeIndex <= 0;
rec counter = if squeezeIndexOn then counter[1] + 1 else 0;
def deepSqueeze = squeezeIndex <= -20;
rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0;
rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1];
#---------------------------- [ Plots Some Dots ] -----------------------------
Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS);
Squeeze.SetLineWeight(5);
Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED);
Squeeze.SetDefaultColor(Color.RED);
#------------------------------------------------------------------------------
# Make the SI bar look pretty :)
#AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE);
def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN;
#--------------------------------------------------------------------------------------------------
#---------------------------------------------------------------------------------------------------
#
# I changed this Mobius code to show orange during initial squeeze
# and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better
# than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more
# than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5.
# Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride
# at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect
# my ignorance of the craft :)
#
#----------------------------------------------------------------------------------------------------
#AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo)
#then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226));
def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0;
plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0;
zero.SetPaintingStrategy(PaintingStrategy.POINTS);
zero.SetLineWeight(5);
zero.SetDefaultColor(Color.GREEN);Option 3
Code:
declare lower;
script normalizer {
input data = close;
input Min = -1;
input Max = 1;
input length = 50;
def hhData = Highest(data, length);
def llData = Lowest(data, length);
plot resized = (((Max - Min) * (data - llData)) /
(hhData - llData)) + Min;
}
### ERGODIC OSCILLATOR ###
input longLength = 25;
input shortLength = 13;
input signalLength = 8;
input averageType = AverageType.EXPONENTIAL;
plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal);
ErgodicOsc.SetPaintingStrategy(PaintingStrategy.LINE);
ErgodicOsc.SetLineWeight(3);
ErgodicOsc.DefineColor("Positive", Color.WHITE); #Color.UPTICK);
ErgodicOsc.DefineColor("Negative", Color.WHITE); #Color.DOWNTICK);
ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative"));
### SQUEEZE ###
input length = 21; #hint length: Length for average calculation.
input price = close;
input SDmult = 2.0;
input ATRmult = 1.5;
def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length);
plot Momo = normalizer(Inertia(price - K / 2, length));
Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Momo.SetLineWeight(5);
Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN
else if Momo > 0 and Momo < Momo[1] then Color.BLUE
else if Momo < 0 and Momo < Momo[1] then Color.RED
else Color.YELLOW);
#--------------- [ Metrics From Mobius ] ---------------
def SD = StDev(close, length);
def Avg = Average(close, length);
def ATR = Average(TrueRange(high, close, low), length);
def SDup = normalizer(Avg + (SDmult * SD));
def ATRup = normalizer(Avg + (ATRmult * ATR));
plot Squeeze = if SDup < ATRUp then 0 else Double.NaN;
#------------------------------------------------------------------------------------------
# David M.(Some Random Alien) 10-6-2021
# Don't blame Mobius... I made this mess :)
# Code displays Squeeze Watch Prediction Index.
# Depending on volume, a score of less then 25 could signal an impeding Squeeze.
def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100;
def squeezeIndex = Round(squeezePrediction * 10000, 0);
def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100;
def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2);
def squeezeIndexOn = squeezeIndex <= 0;
rec counter = if squeezeIndexOn then counter[1] + 1 else 0;
def deepSqueeze = squeezeIndex <= -20;
rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0;
rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1];
#---------------------------- [ Plots Some Dots ] -----------------------------
Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS);
Squeeze.SetLineWeight(5);
Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED);
Squeeze.SetDefaultColor(Color.RED);
#------------------------------------------------------------------------------
# Make the SI bar look pretty :)
#AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE);
def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN;
#--------------------------------------------------------------------------------------------------
#---------------------------------------------------------------------------------------------------
#
# I changed this Mobius code to show orange during initial squeeze
# and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better
# than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more
# than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5.
# Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride
# at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect
# my ignorance of the craft :)
#
#----------------------------------------------------------------------------------------------------
#AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo)
#then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226));
def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0;
plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0;
zero.SetPaintingStrategy(PaintingStrategy.POINTS);
zero.SetLineWeight(5);
zero.SetDefaultColor(Color.GREEN);Hope this helps...
Good Luck and Good Trading
Credits: Thanks to Mobius and Some Random Alien for the Squeeze portion of the code...
Last edited:
candlestix
New member
Thank you so much. I understand what you are pointing out. Thank you@candlestix : Area 1 highlights the overlaying of the Squeeze indicator by the ErgodicOsc indicator. As a result of using the two default indicators without changing the code you get the scaling issue I mentioned previously. The Scale is in percentages instead of numbers. Also, the Zero Lines are off.
Area 2 shows the proper overlaying of the two indicators where the Scale should and does have values revolving around a common Zero Line. In my opinion, the merging of these two indicators makes the newly combined indicator difficult to read, due to using two histograms for display of the data...
Below are three options to choose from:
Option 1: The original merging of the two indicators complete with two histograms and the aforementioned readability issue...
Option 2 : Changes the ErgodicOsc from a histogram to a line with the original coloring intact. Once again, this can be difficult to read in spots...
Option 3: Keeps the ErgodicOsc as a line and changes the coloring to white for contrast, clarity and easy readability...
Below is the respective code for each of the options:
Option 1
Code:declare lower; script normalizer { input data = close; input Min = -1; input Max = 1; input length = 50; def hhData = Highest(data, length); def llData = Lowest(data, length); plot resized = (((Max - Min) * (data - llData)) / (hhData - llData)) + Min; } ### ERGODIC OSCILLATOR ### input longLength = 25; input shortLength = 13; input signalLength = 8; input averageType = AverageType.EXPONENTIAL; plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal); ErgodicOsc.SetPaintingStrategy(PaintingStrategy.HISTOGRAM); ErgodicOsc.SetLineWeight(3); ErgodicOsc.DefineColor("Positive", Color.UPTICK); ErgodicOsc.DefineColor("Negative", Color.DOWNTICK); ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative")); ### SQUEEZE ### input length = 21; #hint length: Length for average calculation. input price = close; input SDmult = 2.0; input ATRmult = 1.5; def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length); plot Momo = normalizer(Inertia(price - K / 2, length)); Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM); Momo.SetLineWeight(3); Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN else if Momo > 0 and Momo < Momo[1] then Color.BLUE else if Momo < 0 and Momo < Momo[1] then Color.RED else Color.YELLOW); #--------------- [ Metrics From Mobius ] --------------- def SD = StDev(close, length); def Avg = Average(close, length); def ATR = Average(TrueRange(high, close, low), length); def SDup = normalizer(Avg + (SDmult * SD)); def ATRup = normalizer(Avg + (ATRmult * ATR)); plot Squeeze = if SDup < ATRUp then 0 else Double.NaN; #------------------------------------------------------------------------------------------ # David M.(Some Random Alien) 10-6-2021 # Don't blame Mobius... I made this mess :) # Code displays Squeeze Watch Prediction Index. # Depending on volume, a score of less then 25 could signal an impeding Squeeze. def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100; def squeezeIndex = Round(squeezePrediction * 10000, 0); def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100; def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2); def squeezeIndexOn = squeezeIndex <= 0; rec counter = if squeezeIndexOn then counter[1] + 1 else 0; def deepSqueeze = squeezeIndex <= -20; rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0; rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1]; #---------------------------- [ Plots Some Dots ] ----------------------------- Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS); Squeeze.SetLineWeight(5); Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED); Squeeze.SetDefaultColor(Color.RED); #------------------------------------------------------------------------------ # Make the SI bar look pretty :) #AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE); def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN; #-------------------------------------------------------------------------------------------------- #--------------------------------------------------------------------------------------------------- # # I changed this Mobius code to show orange during initial squeeze # and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better # than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more # than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5. # Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride # at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect # my ignorance of the craft :) # #---------------------------------------------------------------------------------------------------- #AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo) #then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226)); def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0; plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0; zero.SetPaintingStrategy(PaintingStrategy.POINTS); zero.SetLineWeight(5); zero.SetDefaultColor(Color.GREEN);
Option 2
Code:declare lower; script normalizer { input data = close; input Min = -1; input Max = 1; input length = 50; def hhData = Highest(data, length); def llData = Lowest(data, length); plot resized = (((Max - Min) * (data - llData)) / (hhData - llData)) + Min; } ### ERGODIC OSCILLATOR ### input longLength = 25; input shortLength = 13; input signalLength = 8; input averageType = AverageType.EXPONENTIAL; plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal); ErgodicOsc.SetPaintingStrategy(PaintingStrategy.LINE); ErgodicOsc.SetLineWeight(3); ErgodicOsc.DefineColor("Positive", Color.UPTICK); ErgodicOsc.DefineColor("Negative", Color.DOWNTICK); ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative")); ### SQUEEZE ### input length = 21; #hint length: Length for average calculation. input price = close; input SDmult = 2.0; input ATRmult = 1.5; def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length); plot Momo = normalizer(Inertia(price - K / 2, length)); Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM); Momo.SetLineWeight(5); Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN else if Momo > 0 and Momo < Momo[1] then Color.BLUE else if Momo < 0 and Momo < Momo[1] then Color.RED else Color.YELLOW); #--------------- [ Metrics From Mobius ] --------------- def SD = StDev(close, length); def Avg = Average(close, length); def ATR = Average(TrueRange(high, close, low), length); def SDup = normalizer(Avg + (SDmult * SD)); def ATRup = normalizer(Avg + (ATRmult * ATR)); plot Squeeze = if SDup < ATRUp then 0 else Double.NaN; #------------------------------------------------------------------------------------------ # David M.(Some Random Alien) 10-6-2021 # Don't blame Mobius... I made this mess :) # Code displays Squeeze Watch Prediction Index. # Depending on volume, a score of less then 25 could signal an impeding Squeeze. def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100; def squeezeIndex = Round(squeezePrediction * 10000, 0); def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100; def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2); def squeezeIndexOn = squeezeIndex <= 0; rec counter = if squeezeIndexOn then counter[1] + 1 else 0; def deepSqueeze = squeezeIndex <= -20; rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0; rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1]; #---------------------------- [ Plots Some Dots ] ----------------------------- Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS); Squeeze.SetLineWeight(5); Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED); Squeeze.SetDefaultColor(Color.RED); #------------------------------------------------------------------------------ # Make the SI bar look pretty :) #AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE); def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN; #-------------------------------------------------------------------------------------------------- #--------------------------------------------------------------------------------------------------- # # I changed this Mobius code to show orange during initial squeeze # and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better # than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more # than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5. # Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride # at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect # my ignorance of the craft :) # #---------------------------------------------------------------------------------------------------- #AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo) #then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226)); def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0; plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0; zero.SetPaintingStrategy(PaintingStrategy.POINTS); zero.SetLineWeight(5); zero.SetDefaultColor(Color.GREEN);
Option 3
Code:# filename: MR__EZ_Squeeze_ErgodicOsc_Combo_ declare lower; script normalizer { input data = close; input Min = -1; input Max = 1; input length = 50; def hhData = Highest(data, length); def llData = Lowest(data, length); plot resized = (((Max - Min) * (data - llData)) / (hhData - llData)) + Min; } ### ERGODIC OSCILLATOR ### input longLength = 25; input shortLength = 13; input signalLength = 8; input averageType = AverageType.EXPONENTIAL; plot ErgodicOsc = normalizer(TrueStrengthIndex(longLength, shortLength, signalLength, averageType).TSI - TrueStrengthIndex(longLength, shortLength, signalLength, averageType).Signal); ErgodicOsc.SetPaintingStrategy(PaintingStrategy.LINE); ErgodicOsc.SetLineWeight(3); ErgodicOsc.DefineColor("Positive", Color.WHITE); #Color.UPTICK); ErgodicOsc.DefineColor("Negative", Color.WHITE); #Color.DOWNTICK); ErgodicOsc.AssignValueColor(if ErgodicOsc >= 0 then ErgodicOsc.Color("Positive") else ErgodicOsc.Color("Negative")); ### SQUEEZE ### input length = 21; #hint length: Length for average calculation. input price = close; input SDmult = 2.0; input ATRmult = 1.5; def K = (Highest(high, length) + Lowest(low, length)) / 2 + ExpAverage(close, length); plot Momo = normalizer(Inertia(price - K / 2, length)); Momo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM); Momo.SetLineWeight(5); Momo.AssignValueColor(if Momo > Momo[1] and Momo > 0 then Color.CYAN else if Momo > 0 and Momo < Momo[1] then Color.BLUE else if Momo < 0 and Momo < Momo[1] then Color.RED else Color.YELLOW); #--------------- [ Metrics From Mobius ] --------------- def SD = StDev(close, length); def Avg = Average(close, length); def ATR = Average(TrueRange(high, close, low), length); def SDup = normalizer(Avg + (SDmult * SD)); def ATRup = normalizer(Avg + (ATRmult * ATR)); plot Squeeze = if SDup < ATRUp then 0 else Double.NaN; #------------------------------------------------------------------------------------------ # David M.(Some Random Alien) 10-6-2021 # Don't blame Mobius... I made this mess :) # Code displays Squeeze Watch Prediction Index. # Depending on volume, a score of less then 25 could signal an impeding Squeeze. def squeezePrediction = ((SDup - ATRup) / (SDup + ATRup) / 2) * 100; def squeezeIndex = Round(squeezePrediction * 10000, 0); def squeezeIndexDifference = (squeezeIndex - squeezeIndex[1]) / (squeezeIndex + squeezeIndex[1]) / 2 * 100; def squeezeProgress = Round((squeezePrediction - squeezePrediction[1]) * 10000, 2); def squeezeIndexOn = squeezeIndex <= 0; rec counter = if squeezeIndexOn then counter[1] + 1 else 0; def deepSqueeze = squeezeIndex <= -20; rec accumCounter = if squeezeIndex >= 0 then accumCounter[1] + 1 else 0; rec historicalDifference = if squeezeIndexOn then Lowest(squeezeIndexDifference) else historicalDifference[1]; #---------------------------- [ Plots Some Dots ] ----------------------------- Squeeze.SetPaintingStrategy(PaintingStrategy.POINTS); Squeeze.SetLineWeight(5); Squeeze.AssignValueColor( if deepSqueeze then CreateColor(185, 30, 249) else color.RED); Squeeze.SetDefaultColor(Color.RED); #------------------------------------------------------------------------------ # Make the SI bar look pretty :) #AddLabel(yes, " SQUEEZE INDEX: " + squeezeIndex + " [" + squeezeIndex[1] + "] " + "[" + AsText(squeezeIndexDifference, NumberFormat.TWO_DECIMAL_PLACES) + "%] " + "[" + (counter[1]) + "] | " + "[" + accumCounter + "] " + "[" + AsText(historicalDifference[1], NumberFormat.TWO_DECIMAL_PLACES) + "%] ", if squeezeIndex > squeezeIndex[1] and squeezeIndex > 50 and squeezeIndexDifference > 0 then CreateColor(16, 198, 226) else color.LIGHT_ORANGE); def fixBug = if squeezeIndex >= 0 then counter[1] == counter[1] == 0 else Double.NaN; #-------------------------------------------------------------------------------------------------- #--------------------------------------------------------------------------------------------------- # # I changed this Mobius code to show orange during initial squeeze # and then turns to red if >5 squeeze bars. John Carter believes that a squeeze of 5 is better # than a squeeze of 2 or 3. He is correct. However, during my initial testing, a squeeze of more # than 5 is not better. During my testing, a squeeze substantially greater than 20 is worse than a 5. # Your mileage may vary. Consult your owner's manual for more information. Hands and feet inside the ride # at all times :) And because I am a self-taught coder, I messed up Mobius' pretty formatting to reflect # my ignorance of the craft :) # #---------------------------------------------------------------------------------------------------- #AddLabel(!IsNaN(Squeeze), " >>> Squeeze <<< ", if IsAscending(Momo) #then Color.GREEN else if counter[1] >= 5 then Color.RED else CreateColor(16, 198, 226)); def cleanup = if IsNaN(Squeeze) then counter[1] == 0 else 0; plot zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0; zero.SetPaintingStrategy(PaintingStrategy.POINTS); zero.SetLineWeight(5); zero.SetDefaultColor(Color.GREEN);
Hope this helps...
Good Luck and Good Trading
Credits: Thanks to Mobius and Some Random Alien for the Squeeze portion of the code...
netarchitech
Well-known member
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