Winner246, not sure if its what your looking for, but made this version.
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
Debates & Discussions
mladen, 2016.05.20 08:43
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 parametersextern 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 ?
Q:it was count in 144 bars (due to parameters calcbars , 144)
You can see the exact condition in code lines 100 to 107
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 ?
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)