PPO Divergence and Aggregate Signal Combo

Euro / U.S. DollarFOREX.com

설명

⋅ 2019년 8월 26일 오후 11시 11분

This is a further development of the last two posts on aggregated signal generation. It shows how to implement the idea in conjunction with another indicator. In this case general rule for long and short entry: the aggregated curve (gray) must cross the mid-line. Colored columns serve as an early warning. Settings were tested with EURUSD in 5m, 30m and 1H TFs.

릴리즈 노트

⋅ 2019년 9월 5일 오후 1시 53분

Minor fix connected with a scaling function.

코멘트

Docop1

⋅ 2019년 9월 2일 오후 2시 56분

Seriously... Thanks for your work. Very clear code, nice indication. Very great.

capissimo

⋅ 2019년 9월 2일 오후 3시 1분

@Docop1, thx)

capissimo

⋅ 2019년 8월 27일 오전 7시 28분

UPD: this line seems to produce better results:
fast = 5 //timeframe.multiplier<=5 ? 5 : timeframe.multiplier

capissimo

⋅ 2019년 8월 27일 오전 7시 30분

may as well be declared in the Inputs section

samdoug911

⋅ 2019년 8월 29일 오전 8시 44분

@capissimo, Does it repaint?

capissimo

⋅ 2019년 8월 29일 오전 8시 52분

@samdoug911, according to this article (tradingview.com/script/cyPWY96u-How-to-avoid-repainting-when-using-security-PineCoders-FAQ/), since the script does not use security function in the form security(..., ..., price, ..., ...), where price is any CURRENT price in the form close or hl2 or hlc3, etc., it does not repaint.

capissimo

⋅ 2019년 8월 29일 오전 8시 56분

@samdoug911, by the way, repainting is a dubious term. It may stand for the situation when the indicator changes its display configuration after refreshing it. And this is exactly what I mean.

CodyMaki

⋅ 2022년 1월 17일 오전 2시 52분

@capissimo, repainting really only matters if your creating a bot other than that if a indicator repaints then so what i have used indicators of all types and when they repaint it really wasnt a big deal and as well using just one indicator usually isnt all the best way its better have confluence with use of other indicators and pirce action thanks for creating this indicator happy new year 2022

capissimo

⋅ 2019년 8월 29일 오전 9시 0분

@samdoug911, the other meaning is an occasional appearance and disappearance of a signal, which depends upon the current bar.

capissimo

⋅ 2019년 8월 29일 오전 9시 7분

@samdoug911, see section 'How to avoid repainting when NOT using the security() function?' here pinecoders.com/faq_and_code/.
In other words, it repaints because the script does not use previous value of the price.