OPEN-SOURCE SCRIPT
Atualizado Trend Wave
Hello Traders!
You know, I can sill remember the first time I started tinkering with Pinescript. As I had no prior programming experience, I learned by experimenting with other open-source scripts on TradingViews Marketplace. Tearing apart and combining interesting scripts to see what the output would be. ChrisMoody was a huge source of inspiration for learning, and I wanted to thank him, as well as TheLark for the concept behind this script.
The Trend Wave is based on ChrisMoody's PPO-PercentileRank-Mkt-Tops-Bottoms, which also happens to be based on TheLark's TheLark-Laguerre-PPO/.
Within my experimentation, I found that if I isolate the ppoT & ppoB variables and plot them calculated from extremely small decimals, you can get an extremely fast reacting, mirroring trend detector.
Within the script, you have the ability to plot the background colors based on trend to make it easier to see where crossovers occured, as well as a Mirror Input to view the mirrored version of the script.
-@DayTradingOil
You know, I can sill remember the first time I started tinkering with Pinescript. As I had no prior programming experience, I learned by experimenting with other open-source scripts on TradingViews Marketplace. Tearing apart and combining interesting scripts to see what the output would be. ChrisMoody was a huge source of inspiration for learning, and I wanted to thank him, as well as TheLark for the concept behind this script.
The Trend Wave is based on ChrisMoody's PPO-PercentileRank-Mkt-Tops-Bottoms, which also happens to be based on TheLark's TheLark-Laguerre-PPO/.
Within my experimentation, I found that if I isolate the ppoT & ppoB variables and plot them calculated from extremely small decimals, you can get an extremely fast reacting, mirroring trend detector.
Within the script, you have the ability to plot the background colors based on trend to make it easier to see where crossovers occured, as well as a Mirror Input to view the mirrored version of the script.
-@DayTradingOil
Notas de Lançamento
Lots of awesome features just added in, we now have access to MTF Trend Wave. Special thanks to Chakku for the idea in the comments.Notas de Lançamento
Converted to Version 4Notas de Lançamento
Updating Chart PictureScript de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.