Hello everyone, I watch this indicator from TRADINGRUSH (He design this indicator is not my own) BeepBoop,
I want to use it in my strategy on MT4, because i dont use tradingview
This is the code he has on Tradingview:
//(Improved) Beep Boop Indicator for Trending Markets
//New and Improved version of the Beep Boop Indicator
//
//@version=4
study(title="Beep Boop", shorttitle="Beep Boop", resolution="")
fast_length = input(title="Fast Length", type=input.integer, defval=12)
slow_length = input(title="Slow Length", type=input.integer, defval=26)
EMATrend = input(title="EMA Trend", type=input.integer, defval=50)
src = input(title="Source", type=input.source, defval=close)
signal_length = input(title="Signal Smoothing", type=input.integer, minval = 1, maxval = 50, defval = 9)
sma_source = input(title="Simple MA(Oscillator)", type=input.bool, defval=false)
sma_signal = input(title="Simple MA(Signal Line)", type=input.bool, defval=false)
ema_signal = input(title="Simple MA(Signal Line)", type=input.bool, defval=false)
col_grow_above = #26A69A
col_grow_below = #FF0000
col_fall_above = #FFFFFF
col_fall_below = #FFFFFF
col_macd = #0094ff
col_signal = #ff6a00
variant_doubleema(src,len) =>
v2 = ema(src, len)
v6 = 2 * v2 - ema(v2, len)
v6
variant_zerolagema(src, len) =>
price = src
l = (len - 1) / 2
d = (price + (price - price[l]))
z = ema(d, len)
z
//fast_ma = sma_source ? sma(src, fast_length) : ema(src, fast_length)
//slow_ma = sma_source ? sma(src, slow_length) : ema(src, slow_length)
//macd = fast_ma - slow_ma
//signal = sma_signal ? sma(macd, signal_length) : ema(macd, signal_length)
fast_ma = sma_source ? sma(src, fast_length) : ema_signal ? ema(src, fast_length) : variant_doubleema(src, fast_length)
slow_ma = sma_source ? sma(src, slow_length) : ema_signal ? ema(src, slow_length) : variant_doubleema(src, slow_length)
macd = fast_ma - slow_ma
signal = sma_signal ? sma(macd, signal_length) : ema_signal ? ema(macd, signal_length) : variant_doubleema(macd, signal_length)
hist = macd - signal
histplot = hist
if (hist > 0)
hist := 0.1
if (hist < 0)
hist := 0.09
//fastMA = ema(close, EMATrend)
fastMA = ema_signal ? ema(close, EMATrend) : variant_doubleema(close, EMATrend)
//fastMA = 0
plot(hist, title="Histogram", style=plot.style_columns, color=(hist == 0.1 ? ((hist == 0.1) and (close > fastMA) and (open > fastMA) and (low > fastMA) ? col_grow_above : col_fall_above) : ((hist == 0.09) and (close < fastMA) and (open < fastMA) and (high < fastMA)? col_grow_below : col_fall_below) ), transp=0 )
plot(histplot)
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