
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Just wondering, is this indicator re-paint the past?
Thanks guys
Cheers,It doesen't
Of Kase peak oscillator
Formula
Per1:=Input("max length",10,100,30);
RWH:=(H-Ref(L,-Per1))/(ATR(Per1)*Sqrt(Per1));
RWL:=(Ref(H,-Per1)-L)/(ATR(Per1)*Sqrt(Per1));
Pk:=Mov((RWH-RWL),3,W);
MN:=Mov(Pk,Per1,S);
SD:=Stdev(Pk,Per1);
Val1:=If(MN+(1.33*SD)>2.08,MN+(1.33*SD),2.08);
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(Pk,-1)>=0 AND Pk>0,Val1,If(Ref(Pk,-1)<=0 AND Pk<0,Val2,0));
Red:=If(Ref(Pk,-1)>Pk,Pk,0);
Green:=If(Pk>Ref(Pk,-1),Pk,0);
Red;
Green;
LN;Is correct, but when you apply it you get a graph like this. Attached PDF document posted to this thread at post #6 by Kalenzo
can anyone add Peak Min – Line (blue line, post 14 chart)?
I am afraid you are missled by Trader.Online interpretation of Kase peak oscillator
The indicator graph at your post is not a Kase peak oscillator, the formula they presented is correct but the indicator is something I do not know what.
Trying to guess "market extreme" is a thing it never had to do anything with this indicator. It would make it some kind of Silver trend or any "future predicting" indicator (it is impossible to achieve it without repainting), and Kase peak oscillator is neither of those. From my experience it is even lagging a bit, but that does not means it is less ussefull
Sorry to disappoint you, but, if you are looking for the indicator from the Trader.Online graph you are not looking for Kase peak oscillator
Interprete me these lines, please :
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(Pk,-1)>=0 AND Pk>0,Val1,If(Ref(Pk,-1)<=0 AND Pk<0,Val2,0));
Red:=If(Ref(Pk,-1)>Pk,Pk,0);
Green:=If(Pk>Ref(Pk,-1),Pk,0);You have the source there
You have the formula there
Make your indicator please
Thank you
Interprete me these lines, please :
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(Pk,-1)>=0 AND Pk>0,Val1,If(Ref(Pk,-1)<=0 AND Pk<0,Val2,0));
Red:=If(Ref(Pk,-1)>Pk,Pk,0);
Green:=If(Pk>Ref(Pk,-1),Pk,0);You have the source here
You have the formula there
Make your indicator please
Thank you
another 'misleading' KPO link
Kase And Company Inc.
The Kase PeakOscillator is a simple oscillator from which classic divergence signals are generated, but with two major differences. Unlike traditional oscillators, which are derived from moving average with set lengths, the Kase PeakOscillator is derived from a mathematically sound, statistical evaluation of trend, which looks at over 50 different trend lengths, rather than just two.
This oscillator, as well as its derivative, the Kase CD, catches many divergences which empirical momentum indicators miss. Another great feature of this oscillator is the PeakOut line. The PeakOut line is the level at which markets historically are in the top 10% of momentum. Which means that when the histogram breaks the peak-out line (as shown above) there is a 90% chance of a turn either on the current or next extreme
would be interesting to try "Peak Min Line - "local PeakOuts" 4 sideways or corrective markets"
Great Kalenzo, can you stick one more line?
Drinks on me...
For the last time :
This formula
Per1:=Input("max length",10,100,30);
RWH:=(H-Ref(L,-Per1))/(ATR(Per1)*Sqrt(Per1));
RWL:=(Ref(H,-Per1)-L)/(ATR(Per1)*Sqrt(Per1));
Pk:=Mov((RWH-RWL),3,W);
MN:=Mov(Pk,Per1,S);
SD:=Stdev(Pk,Per1);
Val1:=If(MN+(1.33*SD)>2.08,MN+(1.33*SD),2.08);
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(Pk,-1)>=0 AND Pk>0,Val1,If(Ref(Pk,-1)<=0 AND Pk<0,Val2,0));
Red:=If(Ref(Pk,-1)>Pk,Pk,0);
Green:=If(Pk>Ref(Pk,-1),Pk,0);
Red;
Green;
LN;From your post #14 does not produce this graph
but produces a graph like this
Of math aspects for this oscillator please read the folowing : On the Kase...
PS: I do find it offending that you imply that I did not addapt this indi for metatrader
And no, drinks are not on me
Thank you