Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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This indicator is a hybrid of super trend and percent zigzag of Ricardo Santos The trend up seem by green dots Trend down seen by red dots and the zigzag line red or green I Set this one for 1 hour chart , try to play with settings for better optimization So it nice system to detect trends Happy new year to all members of TradingView
Release Notes
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I made big mistake for author contribution, thanks for sal for correcting me as I took his % zigzag code for this creation So link is for his code is tradingview.com/script/rksN65xY-My-Wave/
1. Creating an alert warns you.
2. Using these settings: muliplier=0.1, period=20, percent=0.2 with XAG and XAU on 15 min, I set up alerts (per bar close) overnight and looked at them this morning. There were 4 alerts of which triggered but nothing is on the chart at that specific time.
@RafaelZioni is that something you can look into?
RafaelZioni
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4 hour setup
sal157011
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You say: This indicator is a hybrid of super trend and percent zigzag of Ricardo Santos. I think you copy part of the code from my "My Wave" and not from Ricarco Santos and I say this because you abreviated 2 variables I called maximo and minimo to ximo and nimo. You are free to use it and modify it as I use your excellent ideas and scripts. Happy new year to you.
tradingview.com/script/rksN65xY-My-Wave/
RafaelZioni
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@sal157011, .maybe i need to correct it if so..it was in my old file..so i did not remember from where i take it..i will check your script anf if so i will either remove it or if you allow i will repubblish it again with corrrctio
shakes70
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Hi rafael ,
have you published this script .... i couldnt find it ... pl upload thanks
Vijay
sal157011
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Analysing your script I see you have defined 4 variables st_mult, st_period, up_lev, dn_lev, but haven't used them
Try to change lines 6, 7 and 14 like this:
st_mult = input(title="ATR Multiplier", defval=1.5, minval=0, maxval=10, step=0.1,type=float ) //line 6
st_period = input(title="ATR Period", defval=5, minval=1, maxval=14, step=1,type=integer ) //line 7
percent = st_mult * atr( st_period )/close //line 14
This way, percent is adaptable to the volatility and you can change the time frame without wasting time finding the best parameter.
Credits go to Sylvain Vervoort in an article on the S&C magazine June 2013.
RafaelZioni
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@sal157011, cool, i will check this up , thanks fir remarks , wish you the best
1. Creating an alert warns you.
2. Using these settings: muliplier=0.1, period=20, percent=0.2 with XAG and XAU on 15 min, I set up alerts (per bar close) overnight and looked at them this morning. There were 4 alerts of which triggered but nothing is on the chart at that specific time.
@RafaelZioni is that something you can look into?