AtenA

BTCOMPASS

Just changed its graphic style for a more intuitive representation. For the old one, follow:
Remove from Favorite Scripts Add to Favorite Scripts
study("BTCOMPASS", precision=1)
wmaperiods = input(title="Periods", type=integer, defval=5, minval=2)
sresponsiveness = input(title="SentimentResponsiveness", type=integer, defval=2, minval=1, maxval=5)
finex = security("BITFINEX:BTCUSD", period, close)
stamp = security("BITSTAMP:BTCUSD", period, close)
btce = security("BTCE:BTCUSD", period, close)
huobi = security("HUOBI:BTCCNY", period, close)
btcchina = security("BTCCHINA:BTCCNY", period, close)
btceltc = security("BTCE:LTCBTC", period, close)
finexltc = security("BITFINEX:LTCBTC", period, close)

finexvol = security("BITFINEX:BTCUSD", period, volume)
stampvol = security("BITSTAMP:BTCUSD", period, volume)
btcevol = security("BTCE:BTCUSD", period, volume)
huobivol = security("HUOBI:BTCCNY", period, volume)
btcchinavol = security("BTCCHINA:BTCCNY", period, volume)
btceltcvol = security("BTCE:LTCBTC", period, volume)
finexltcvol = security("BITFINEX:LTCBTC", period, volume)
allvol = finexvol+stampvol+btcevol+huobivol+btcchinavol+btceltcvol+finexltcvol
volroc = roc(allvol, 2)

btcusdwma = wma((finex+stamp+btce)/3, wmaperiods)
btccnywma = wma((huobi+btcchina)/2, wmaperiods)
ltcbtcwma = wma((btceltc+finexltc)/2, wmaperiods)
localwma1 = wma(close, 8)
localwma2 = wma(ohlc4, 13)

colorbg = rising(btccnywma, sresponsiveness) and 
    rising(btcusdwma, sresponsiveness) and 
        falling(ltcbtcwma, sresponsiveness) and
            localwma1 >= localwma2 ? 
                green : 
                    falling(btccnywma, sresponsiveness) and 
                        falling(btcusdwma, sresponsiveness) and 
                            rising(ltcbtcwma, sresponsiveness) and
                                localwma2 >= localwma1 ? 
                                    orange : silver

plot(volroc, title="rocVOL", style=columns, color = colorbg, linewidth=3)
Thanks! I like your new one better than the old. The signal is visually clearer.
+1 Reply
AtenA ChartArt
Try it on 2hr and 4hr at the same time.
Reply
How can I do that without opening another TradingView window? Or you do mean to change the periods of your indicator?
Reply
AtenA ChartArt
I can see that you are a pro, so i supposed that you can open a double frame chart. On 2hr and 4hr seems to be fine the 5,2 setting, but you can try to test other combinations. I suggest you to add even an atr, so you can exit on the mean move and re enter on a new signal.
Reply
AtenA ChartArt
on the bottom left of the chart view there is a gray square...you should be able to choose the multiple chart view from there.
Reply
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