Anyone Having This Indicator?

#1
I am sharing Few images of a certain indicator....Is there anybody who has this indicator?
If not then is there anybody who can identify what indicator is this?




 

hmp

Well-Known Member
#2
Its donchain channel with ema crossover set up. And yellow stepped line is not sure but may be atr i suppose. In fact i am also searching for the same.
Regards.
 
#3
Its donchain channel with ema crossover set up. And yellow stepped line is not sure but may be atr i suppose. In fact i am also searching for the same.
Regards.
stepped line is some kind of MA from higher Time frame, from hourly in case of 15 mins chart





The curiosity/pull/charm of these systems remains only till such a time that you decode them

Once you get the code, then . . . . . . . :D



anyway there will be always something new to hunt :thumb:
 

hmp

Well-Known Member
#4
Found afl in my collection! Only someone has to add that magical yellow steppped line to it & we have done.
Regards.


_SECTION_BEGIN("Price");
//SetChartBkColor( colorBlack );
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));

Col_1 = IIf(EMA(RSI(39),30) > Ref(EMA(RSI(39),30),-1),colorGreen,colorRed);
//Plot( C, "", col_1, styleCandle);

Plot(C,"",Col_1,64);

pds=20;
DonchianUpper =HHV(Ref(H,-1),pds);
DonchianLower = LLV(Ref(L,-1),pds);
DonchianMiddle = (DonchianUpper+DonchianLower)/2;


Plot(DonchianUpper,"DU",colorWhite,styleLine);
Plot(DonchianLower,"DL",colorWhite,styleLine);

Plot(EMA(Close,5),"5 ema",colorYellow,style=styleThick);
Plot(EMA(Close,13),"13 ema",colorCustom12,style=styleThick=5);
Plot(EMA(Close,50),"50 ema",colorOrange,style=styleThick=9);
Plot(EMA(Close,200),"200 ema",colorGreen,style=styleThick=9);


Trend2 = EMA(Close, 5) > EMA(Close,10) ;
Trend = IIf( Trend2, colorGreen, colorRed);
Plot( 6, "", Trend, styleArea|styleOwnScale|styleNoLabel, 0, 100);
 
#6
Only someone has to add that magical yellow steppped line to it & we have done.
try this
Code:
TimeFrameSet(inHourly);
eh = EMA(C,Param("Adjust Me",9,2,99,1));
TimeFrameRestore();
Plot(TimeFrameExpand(eh,inHourly),"Yelo",colorYellow,styleStaircase);
 

hmp

Well-Known Member
#9
Please describe, how to use this afl
All credit goes to BNFTRADER brother.
I have observed that in parameter adjust me value if changes to 20 would make perfect picture as loaded by Sushil brother.
If candle closes above yellow staircase line then its a buy signal & vice verse for sell.So enjoy!
Thanks & regards.