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Juice Indicator - page 3

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William Snyder
9493
William Snyder  
winner246:
HELLO MR TOOLS, Just to remind you of my request in the preceding post,MANY THANKS IN ADVANCE.

Winner246, not sure if its what your looking for, but made this version.

Files:
lhkoon2013
18
lhkoon2013  

saw this nice indicator through search function

anyone can help to explain how the function of configuration ?

i.e what is juice level, Ks , advance, calcbars , the meaning of the colour ..

and also would appreciate if any can code to add push notification on it

Mladen Rakic
163164
Mladen Rakic  
koon:

saw this nice indicator through search function

anyone can help to explain how the function of configuration ?

i.e what is juice level, Ks , advance, calcbars , the meaning of the colour ..

and also would appreciate if any can code to add push notification on it

More or less it is standard deviation compared to a sort of average standard deviation
lhkoon2013
18
lhkoon2013  

Debates & Discussions

Juice Indicator

mladen, 2016.05.20 08:43

More or less it is standard deviation compared to a sort of average standard deviation


thanks for your prompt reply as always.

i am not a programmer but i am trying to figure out this . i had make a search and this is the closet indicator to my expectation.

pleased kindly help me to understand it if possible and appreciate your helps

based on defaulted setting :

#property indicator_color1  DeepSkyBlue
#property indicator_color2  LimeGreen
#property indicator_color3  Red  
#property indicator_color4  LimeGreen 

#property indicator_color5  Orange


Q : under which circumstances the histogram will draw deepskyblue , limegreen , red , lime green ? 


//---- indicator parameters
extern int    Length     = 7;
extern double Ks         = 1.0;
extern int    CalcBars   = 144;
extern int    Advance    = 70;
extern double juiceLevel = 0.0007;


Q: Ks is the slope of the average of standard deviation ?

Q:it was count in 144 bars of standard deviation (due to parameters calcbars , 144) ?

Q: then what will be juicelevel indicated ? 0.0007 for length of 7 , so if i change length to 14, the juicelevel should be 0.0014 ?

lhkoon2013
18
lhkoon2013  

Debates & Discussions

Juice Indicator

mladen, 2016.05.20 08:43

More or less it is standard deviation compared to a sort of average standard deviation


thanks for your prompt reply as always.

i am not a programmer but i am trying to figure out this . i had make a search and this is the closet indicator to my expectation.

pleased kindly help me to understand it if possible and appreciate your helps

based on defaulted setting :

#property indicator_color1  DeepSkyBlue
#property indicator_color2  LimeGreen
#property indicator_color3  Red  
#property indicator_color4  LimeGreen 

#property indicator_color5  Orange


Q : under which circumstances the histogram will draw deepskyblue , limegreen , red , lime green ? 


//---- indicator parameters
extern int    Length     = 7;
extern double Ks         = 1.0;
extern int    CalcBars   = 144;
extern int    Advance    = 70;
extern double juiceLevel = 0.0007;


Q: Ks is the slope of the average of standard deviation ?

Q:it was count in 144 bars (due to parameters calcbars , 144)

Q: then what will be juicelevel indicated ? 0.0007 for length of 7 , so if i change length to 14, the juicelevel should be 0.0014 ?

Mladen Rakic
163164
Mladen Rakic  
koon:


thanks for your prompt reply as always.

i am not a programmer but i am trying to figure out this . i had make a search and this is the closet indicator to my expectation.

pleased kindly help me to understand it if possible and appreciate your helps

based on defaulted setting :

#property indicator_color1  DeepSkyBlue
#property indicator_color2  LimeGreen
#property indicator_color3  Red  
#property indicator_color4  LimeGreen 

#property indicator_color5  Orange


Q : under which circumstances the histogram will draw deepskyblue , limegreen , red , lime green ? 


//---- indicator parameters
extern int    Length     = 7;
extern double Ks         = 1.0;
extern int    CalcBars   = 144;
extern int    Advance    = 70;
extern double juiceLevel = 0.0007;


Q: Ks is the slope of the average of standard deviation ?

Q:it was count in 144 bars (due to parameters calcbars , 144)

Q: then what will be juicelevel indicated ? 0.0007 for length of 7 , so if i change length to 14, the juicelevel should be 0.0014 ?

koon

You can see the exact condition in code lines 100 to 107

lhkoon2013
18
lhkoon2013  
mladen:

koon

You can see the exact condition in code lines 100 to 107

Dear mladen,

i am still not able to understand the code .

Q1 so when the standard deviation is > juice level , it will draw Deepskyblue histogram ? so when standard deviation is < juice level, it will draw limegreen histogram ? 

Q2. how was the juice level being determined ? it is count based on previous standard deviation ? if yes , then is it the parameters  under Calcbars ? (144 in the defaulted setting) or it refer to code line 29 ? if refer to that row , any idea it was set defaulted as 0.0007 ? is it vary based on the length of standard deviation count ?

Mladen Rakic
163164
Mladen Rakic  
koon:

Dear mladen,

i am still not able to understand the code .

Q1 so when the standard deviation is > juice level , it will draw Deepskyblue histogram ? so when standard deviation is < juice level, it will draw limegreen histogram ? 

Q2. how was the juice level being determined ? it is count based on previous standard deviation ? if yes , then is it the parameters  under Calcbars ? (144 in the defaulted setting) or it refer to code line 29 ? if refer to that row , any idea it was set defaulted as 0.0007 ? is it vary based on the length of standard deviation count ?

A1: yes

A2: it is used by parameters. No idea how it was determined originally (but it will work for some symbols and time frames, and no way it will work for others)

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