Murrey's Math Oscillator_V2 - Notifications
TF Murrey's Math Oscillator_V2 - Notifications. For those of you who like the Histogram :)
// Created & Developed by Ucsgears, based on Murrey Math Line Principle - Modified by CCB 20.03.2015 // Version 2 - March, 12 - 2015 study(title="TF Murrey Entry and Exit", shorttitle="TF_M_EX", overlay=false, precision = 2) // Inputs length = input(100, minval = 10, title = "Look back Length") mult = input(0.125, title = "Mutiplier; Only Supports 0.125 = 1/8") lines = input(true, title= "Show Murrey Math Fractals") bc = input(true, title = "Show Bar Colors Based On Oscillator") // Donchanin Channel hi = highest(high, length) lo = lowest(low, length) range = hi - lo multiplier = (range) * mult midline = lo + multiplier * 4 oscillator = (close - midline)/(range/2) a = oscillator > 0 and oscillator < mult*2 b = oscillator > 0 and oscillator < mult*4 c = oscillator > 0 and oscillator < mult*6 d = oscillator > 0 and oscillator < mult*8 z = oscillator < 0 and oscillator > -mult*2 y = oscillator < 0 and oscillator > -mult*4 x = oscillator < 0 and oscillator > -mult*6 w = oscillator < 0 and oscillator > -mult*8 colordef = a ? #ADFF2F : b ? #32CD32 : c ? #3CB371 : d ? #008000 : z ? #CD5C5C : y ? #FA8072 : x ? #FFA07A : w ? #FF0000 : blue barChangedBear = ((oscillator[1] > 0 and oscillator[1] < mult*8) and (oscillator < 0 and oscillator > -mult*8)) ? true : false barChangedBull = ((oscillator[1] < 0 and oscillator[1] > -mult*8) and (oscillator > 0 and oscillator < mult*8)) ? true : false plotshape(barChangedBear ? oscillator : na, title="Turned Bear", style=shape.circle, color=red, transp=100) plotshape(barChangedBull ? oscillator : na, title="Turned Bull", style=shape.circle, color=lime, transp=100) plot (oscillator, color = colordef, title = "Murrey Math Oscillator", style = columns, transp = 60) plot(0, title = "Zero Line", color = gray, linewidth = 4) plot(lines == 1 ? mult*2 : na, title = "First Positive Quadrant", color = gray, linewidth = 1) plot(lines == 1 ? mult*4 : na, title = "Second Positive Quadrant", color = gray, linewidth = 1) p3 = plot(lines == 1 ? mult*6 : na, title = "Third Positive Quadrant", color = gray, linewidth = 2) p4 = plot(lines == 1 ? mult*8 : na, title = "Fourth Positive Quadrant", color = gray, linewidth = 1) plot(lines == 1 ? -mult*2 : na, title = "First Negative Quadrant", color = gray, linewidth = 1) plot(lines == 1 ? -mult*4 : na, title = "Second Negative Quadrant", color = gray, linewidth = 1) p2 = plot(lines == 1 ? -mult*6 : na, title = "Third Negative Quadrant", color = gray, linewidth = 2) p1 = plot(lines == 1 ? -mult*8 : na, title = "Fourth Negative Quadrant", color = gray, linewidth = 1) fill (p1,p2, color = orange) fill (p3,p4, color = lime) // Bar Color Oversold and Overbought bcolor = bc == 1 ? colordef : na barcolor(bcolor)