What's this indicator?

#1
hi everyone,
My friend just send me a chart and I found a strange indicator. This indicator, with name "winner" is like candle.

Anyone know it, pls tell me pls, thanks :)

 

mastermind007

Well-Known Member
#2
hi everyone,
My friend just send me a chart and I found a strange indicator. This indicator, with name "winner" is like candle.

Anyone know it, pls tell me pls, thanks :)

Right click on the image and it should show you the name. It looks some kind of Cyclical oscillator of which there can be infinite permutations
 
Last edited:
#5
hi everyone,
My friend just send me a chart and I found a strange indicator. This indicator, with name "winner" is like candle.

Anyone know it, pls tell me pls, thanks :)


find the afl.....below
Code:
_SECTION_BEGIN("Winner");


m = Param("Periods", 10, 2, 5, 1 );
n = Param("Average", 5, 2, 5, 1 );

pa = (2*C+H+L)/4;
cost = pa*Volume;

scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;

RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;

pak = WMA(rsv,n);
paD = WMA(paK,n);

UP=pak; 
DOWN=pad; 
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );


_SECTION_END();
 
#6
Add this code to get candles with only out lines (not filled)

Code:
SetBarFillColor(GetChartBkColor());

find the afl.....below
Code:
_SECTION_BEGIN("Winner");


m = Param("Periods", 10, 2, 5, 1 );
n = Param("Average", 5, 2, 5, 1 );

pa = (2*C+H+L)/4;
cost = pa*Volume;

scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;

RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;

pak = WMA(rsv,n);
paD = WMA(paK,n);

UP=pak; 
DOWN=pad; 
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
SetBarFillColor(GetChartBkColor());
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );


_SECTION_END();


.
 
#7
find the afl.....below
Code:
_SECTION_BEGIN("Winner");


m = Param("Periods", 10, 2, 5, 1 );
n = Param("Average", 5, 2, 5, 1 );

pa = (2*C+H+L)/4;
cost = pa*Volume;

scost5 = Sum(cost,n);
svolume5 = Sum(Volume,n);
pa5 = scost5/svolume5;

RSV = (pa5-LLV(pa5,m))/(HHV(pa5,m)-LLV(pa5,m))*100;

pak = WMA(rsv,n);
paD = WMA(paK,n);

UP=pak; 
DOWN=pad; 
Oo=IIf(up<down,up,down);
Hh=Oo;
Ll=IIf(up<down,down,up);
Cc=Ll;
barcolor2=IIf(up>down,5,colorRed);
PlotOHLC( Oo,hh,ll,Cc, "Winner ", barcolor2, styleCandle );


_SECTION_END();
Thanks a lot, that's what I look for :)
 

mastermind007

Well-Known Member
#8
velmont

thanks for the afl
?
How is this Indicator supposed to be interpreted? Is it in "trend detector" category, mainly usable for confirmation?
 

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