indicator // //Nicolas @ eunic-brussels.eu //Sharing ProRealTime knowledge //Converted from MT4 version // parameters // *** WPR1 *** t3period = 8 b = per = 14 psel = 30 pbuy = // *** WPR2 *** t3period2 = 8 b2 = per2 = 96 psel2 = 40 pbuy2 = // once b2=b*b once b3=b2*b once c1=-b3 once c2=(3*(b2+b3)) once c3=-3*(2*b2+b+b3) once c4=(1+3*b+b3+3*b2) once n=t3period once qb2=b2*b2 once qb3=qb2*b2 once qc1=-qb3 once qc2=(3*(qb2+qb3)) once qc3=-3*(2*qb2+b2+qb3) once qc4=(1+3*b2+qb3+3*qb2) once qn=t3period2 if(n<1) then n=1 endif once n=1+*(n-1) once w1=2/(n+1) once w2=1-w1 if(qn<1) then qn=1 endif once qn=1+eunic-brussels.euant; line-height: 16px !important; line-height: 16px !important; -moz-tab-size:4; -o-tab-size:4; -webkit-tab-size:4; tab-size:4;">
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Nic, youre a blessing mate thank you so much. This is great.
Merci pour ton travail Nicolas !
Ca ma lair dêtre un très bon indicateur de tendance.
I googled for an interpretation of this indicator, but found nothing except an MT4 strategy using TMA Bands also. Please, someone can write some comments about?
Thanks
The request to code this indicator came from this topic: eunic-brussels.eu havent read anything myself about this indicator, but like many other oscillators, you might find it useful to catch potential reversal zones (reversion to the mean). So use it with TMA bands is somehow a good idea.
Thanks.
@Nicolas, how can i put this code in ProOder when for example i want to buy 1 share with condition fast line < 30 level, and want to sellshort 1 share with condition fast line > 30 level? Please help, i can not figure how to put it into code on Creation by programming.
Please open a new topic on forums for coding requests, Ill help you there.
Lyny / Nicolas
Please advise whether you proceded with the code in ProOrder and if so where can I find it