vdubus

permanent_marker - Experimental - code manipulation / Chart Art

102
permanent_marker - Experimental - code manipulation / Chart Art
*Note - If you try to adjust the setting the MA/ Red band will be reset to pine default width size of 4. You have to either re execute the indicator or modify the code script some how & re save

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?
study("Perminant_marker_V1", overlay=true)
//source = close
//short = sma(close, 3)
long = sma(close, 13)
//plot(short, color=blue, linewidth=2)
plot(long, color=red, linewidth=55)
//plot(cross(long, short) ? long : na, style = circles, color=blue, linewidth = 9)
//=========================================================
source = close
length3 = input(55, minval=1, title = "WMA Length")
atrlen = input(1000, minval=1, title = "ATR Length")
mult1 = 2
mult2 = 3
ma = wma(source, length3)
range =  tr
rangema = wma(range, atrlen)

up1 = ma + rangema * mult1
up2 = ma + rangema * mult2

dn1 = ma - rangema * mult1
dn2 = ma - rangema * mult2

color1 = black
color2 = black

u4 = plot(up1, color = color1,linewidth=4)
u8 = plot(up2, color = color2,linewidth=4)

d4 = plot(dn1, color = color1,linewidth=4)
d8 = plot(dn2, color = color2,linewidth=4)

fill(u8, u4, color=#30628E, transp=55)
fill(d8, d4, color=#30628E, transp=55)
fill(d4, u4, color=#128E89, transp=80)

//Linear regression band
//Input
nlookback = input (defval = 20, minval = 1, title = "Lookback")
scale = input(defval=1,  title="scale of ATR")
nATR = input(defval = 14, title="ATR Parameter")

//Center band
periods=input(34, minval=1, title="MA Period")
pc = input(true, title="MA BAND")

hld = iff(close > sma(high,periods)[1], 1, iff(close<sma(low,periods)[1],-1, 0))
hlv = valuewhen(hld != 0, hld, 1)

hi = pc and hlv == -1 ? sma(high, periods) : na
lo = pc and hlv == 1 ? sma(low,periods) : na
//plot(avg(sma(high,periods)+2.5*(sma(high,periods)-sma(low,periods)),sma(low,periods)-2.5*(sma(high,periods)-sma(low,periods))), color=red, style=line,linewidth=55)
plot(pc and sma(high, periods) ? sma(high, periods):na ,title="Swing High Plot", color=black,style=line, linewidth=4)
plot(pc and sma(low,periods) ? sma(low,periods) : na ,title="Swing Low Plot", color=black,style=line, linewidth=4)
//fill(hlv,hld,color=#1c86ee,transp=80)
//------------------------------------------------------------------------------------------