WbKiki
New member
I tried to make a staircase-esque MA, it didn't quite turn out. This was done using some other price direction indicator I made.
Anyways, here's what I came up with, if you want to help and fix the MA to work on lower time frames, it would be much appreciated.
Upper Indicator - MA
Lower Indicator - Price Direction
Anyways, here's what I came up with, if you want to help and fix the MA to work on lower time frames, it would be much appreciated.
Upper Indicator - MA
Ruby:
# Price Direction AVG indicator - does not look well on larger time frames
declare upper;
def price = close;
input averagetype = averagetype.exponential;
input length = 15;
def close = movingaverage(averagetype, price, length);
def simp = .975+(.05*((close - Lowest(close, 2)) / (Highest(close, 2) - Lowest(close, 2)))); # This is where the problem lies - could be changed to closer represent price change and not just a percentage
plot main = simp*close;
input weight_length = 15;
def l = lowest(main,weight_length);
def h = highest(main,weight_length);
input avg_weight = 20;
plot avg = (main+((avg_weight/2)*l)+((avg_weight/2)*h))/(avg_weight+1);
plot m = (avg+main)/2;
m.hide();
AddCloud(m,avg,createcolor(102,255,102),createcolor(255,102,102));
AddCloud(main,m, createcolor(0,200,0),createcolor(255,0,0));
Lower Indicator - Price Direction
Ruby:
# Trend Direction Indicator
# Colors explained:
# Green - the brighter this is, the stronger the uptrend
# Red - the brighter this is, the stronger the downtrend
# Cyan - if this appears there is a possibility of a stronger uptrend in the near future
declare lower;
input averagetype = AverageType.EXPONENTIAL;
input length1 = 150;
input length2 = 125;
input length3 = 100;
input length4 = 75;
input length5 = 50;
input displace = 0;
input averagetype2 = averagetype.exponential;
input l2 = 200;
input ColorBars = yes;
def price_avg1 = MovingAverage(averagetype, close, length1);
def price_avg2 = MovingAverage(averagetype, close, length2 * .8);
def price_avg3 = MovingAverage(averagetype, close, length3 * .6);
def price_avg4 = MovingAverage(averagetype, close, length4 * .4);
def price_avg5 = MovingAverage(averagetype, close, length5 * .2);
def st1 = 50 * (price_avg1 - (Lowest(price_avg1))) / (Highest(price_avg1) - Lowest(price_avg1));
def st2 = 50 * (price_avg2 - (Lowest(price_avg2))) / (Highest(price_avg2) - Lowest(price_avg2));
def st3 = 50 * (price_avg3 - (Lowest(price_avg3))) / (Highest(price_avg3) - Lowest(price_avg3));
def st4 = 50 * (price_avg4 - (Lowest(price_avg4))) / (Highest(price_avg4) - Lowest(price_avg4));
def st5 = 50 * (price_avg5 - (Lowest(price_avg5))) / (Highest(price_avg5) - Lowest(price_avg5));
def p1 = (st1 - Sin(st1));
def p2 = (p1 - Sin(p1));
def p3 = (p2 - Sin(p2));
def p4 = (p3 - Sin(p3));
def p5 = (p4 - Sin(p4));
def p6 = (p5 - Sin(p5));
def p7 = (p6 - Sin(p6));
def p8 = (p7 - Sin(p7));
def p9 = (p8 - Sin(p8));
def j1 = (st2 - Sin(st2));
def j2 = (j1 - Sin(j1));
def j3 = (j2 - Sin(j2));
def j4 = (j3 - Sin(j3));
def j5 = (j4 - Sin(j4));
def j6 = (j5 - Sin(j5));
def j7 = (j6 - Sin(j6));
def j8 = (j7 - Sin(j7));
def j9 = (j8 - Sin(j8));
def g1 = (st3 - Sin(st3));
def g2 = (g1 - Sin(g1));
def g3 = (g2 - Sin(g2));
def g4 = (g3 - Sin(g3));
def g5 = (g4 - Sin(g4));
def g6 = (g5 - Sin(g5));
def g7 = (g6 - Sin(g6));
def g8 = (g7 - Sin(g7));
def g9 = (g8 - Sin(g8));
def wm1 = (st4 - Sin(st4));
def wm2 = (wm1 - Sin(wm1));
def wm3 = (wm2 - Sin(wm2));
def wm4 = (wm3 - Sin(wm3));
def wm5 = (wm4 - Sin(wm4));
def wm6 = (wm5 - Sin(wm5));
def wm7 = (wm6 - Sin(wm6));
def wm8 = (wm7 - Sin(wm7));
def wm9 = (wm8 - Sin(wm8));
def pd1 = (st5 - Sin(st5));
def pd2 = (pd1 - Sin(pd1));
def pd3 = (pd2 - Sin(pd2));
def pd4 = (pd3 - Sin(pd3));
def pd5 = (pd4 - Sin(pd4));
def pd6 = (pd5 - Sin(pd5));
def pd7 = (pd6 - Sin(pd6));
def pd8 = (pd7 - Sin(pd7));
def pd9 = (pd8 - Sin(pd8));
plot main1 = (p1 + p2 + p3 + p4 + p5 + p6 + p7 + p8 + p9) / 9;
main1.AssignValueColor(Color.RED);
main1.SetLineWeight(1);
plot main2 = (j1 + j2 + j3 + j4 + j5 + j6 + j7 + j8 + j9) / 9;
main2.AssignValueColor(Color.CYAN);
main2.SetLineWeight(1);
plot main3 = (g1 + g2 + g3 + g4 + g5 + g6 + g7 + g8 + g9) / 9;
main3.AssignValueColor(Color.BLACK);
main3.SetLineWeight(1);
plot main4 = (wm1 + wm2 + wm3 + wm4 + wm5 + wm6 + wm7 + wm8 + wm9) / 9;
main4.AssignValueColor(Color.WHITE);
main4.SetLineWeight(1);
plot main5 = (pd1 + pd2 + pd3 + pd4 + pd5 + pd6 + pd7 + pd8 + pd9) / 9;
main5.AssignValueColor(Color.BLUE);
main5.SetLineWeight(1);
plot midline = (highestall(main1)+lowestall(main1))/2;
midline.assignvaluecolor(color.black);
def up1 = main1[1] < main1 or main1==highestall(main1);
def d1 = main1[1] > main1 or main1<=midline;
def up2 = main2[1] < main2 or main2==highestall(main2);
def d2 = main2[1] < main2 or main2<=midline;
def up3 = main3[1] < main3 or main3==highestall(main3);
def d3 = main3[1] > main3 or main3<=midline;
def up4 = main4[1] < main4 or main4==highestall(main4);
def d4 = main4[1] > main4 or main4<=midline;
def up5 = main5[1] < main5 or main5==highestall(main5);
def d5 = main5[1] > main5 or main5<=midline;
def uval = up1 + up2 + up3 + up4 + up5;
def dval = -1*(d1 + d2 + d3 + d4 + d5);
def t = uval+dval;
def tval = t[displace];
Addlabel (yes, tval, color.black);
AddLabel( tval==5, "Strong Up-Trend" , Color.GREEN);
AddLabel(tval==4,"Good Up-Trend", color.light_green);
addlabel(tval==3, "Trending Up", color.yellow);
addlabel(tval==2, "Weak Trend Up", color.blue);
addlabel(tval==1, "Bad Trend Up", color.red);
addlabel(tval==0, "No Trend", color.light_red);
addlabel(tval==-1, "Bad Trend Down", color.red);
addlabel(tval==-2, "Weak Trend Down", color.blue);
addlabel(tval==-3, "Trending Down", color.yellow);
addlabel(tval==-4, "Good Down Trend", color.light_green);
addlabel(tval==-5, "Strong Trend Down", Color.GREEN);
assignpricecolor(if tval==5 and ColorBars then createcolor(0,255,0) else if tval==4 and ColorBars then createcolor(0,220,0) else if tval==3 and ColorBars then createcolor(0,190,0) else if tval==2 and ColorBars then createcolor(0,160,0) else if tval==1 and ColorBars then createcolor(51,100,0) else if tval==0 and movingaverage(averagetype.exponential, close, 9)[5] < close then color.cyan else if tval==0 and ColorBars then color.black else if tval==-1 and ColorBars then createcolor(100,51,0) else if tval==-2 and ColorBars then createcolor(160,0,0) else if tval==-3 and ColorBars then createcolor(190,0,0) else if tval==-4 and ColorBars then createcolor(220,0,0) else if tval==-5 and ColorBars then createcolor(255,0,0) else color.CURRENT);
def PrimaryAverage = movingaverage(averagetype2, (main1+main2+main3+main4+main5)/5, l2);
def PrimaryDerivative = (midline+(50*(primaryaverage[0]-primaryaverage[1])/2));
plot primavg = (primaryaverage+primaryderivative)/2;
primavg.assignvaluecolor(color.black); primavg.setlineweight(1);
plot trail2 = movingaverage(averagetype.exponential, primavg, 100);
plot trail = movingaverage(averagetype.exponential, primavg, 200);
trail.hide();trail2.hide();primavg.hide();midline.hide();
plot quality = tval; quality.hide();