PROTECTED SOURCE SCRIPT
Atualizado Bog™ Cycle Detector
The Cycle Detector is a tool that can be used to dial in the Bog if you are having difficulty. Think of it like training wheels. You can measure the average cycle length and average the Bog in according to the formula explained below. You want to set the Bog length to half the average length of the Cycle Detector and the channel length to 1/4 of the average length of the Cycle Detector.
THIS INDICATOR DOES NOT GIVE BUY OR SELL SIGNALS. THIS INDICATOR IS ONLY USED TO DIAL IN THE SETTINGS OF THE BOG ONLY
Example for the chart above:
Average cycle length is ~26. This is too slow. We use half of this cycle (13) for the length of the indicator, then we take half of the length cycle (which is 13) and then we take roughly half of this which is 7. This 7 will be our input for the channel length.
This gives us the settings, 7, 13, and 2. The smoothing length can always be variable to produce the clearest signals.
Dealing with Chop:
On occasion, when trends are changing, you may find micro bumps or trends. You can either divide these or combine them into the larger trend. In the chart below, there are two possible ways to process the data. Either two smaller triangles could be considered, or one larger triangle could be generated. With time you with have a good idea of how to best interpret these residual signals.
THIS INDICATOR DOES NOT GIVE BUY OR SELL SIGNALS. THIS INDICATOR IS ONLY USED TO DIAL IN THE SETTINGS OF THE BOG ONLY
Example for the chart above:
Average cycle length is ~26. This is too slow. We use half of this cycle (13) for the length of the indicator, then we take half of the length cycle (which is 13) and then we take roughly half of this which is 7. This 7 will be our input for the channel length.
This gives us the settings, 7, 13, and 2. The smoothing length can always be variable to produce the clearest signals.
Dealing with Chop:
On occasion, when trends are changing, you may find micro bumps or trends. You can either divide these or combine them into the larger trend. In the chart below, there are two possible ways to process the data. Either two smaller triangles could be considered, or one larger triangle could be generated. With time you with have a good idea of how to best interpret these residual signals.
Notas de Lançamento
Adjusted cycle lengthScript protegido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.