LazyBear

Insync Index [LazyBear]

BB Support + Histo mode
-------------------------------
Code: http://pastebin.com/4QKdCEs7

Show enclosing BB
snapshot

Show Insync as Histo:
snapshot


v02 - Configurable levels
---------------------------------

Small update to allow configuring the 95/75/25/5 levels.

Latest source code: http://pastebin.com/fZ4PmemR

v01 - orginal description
---------------------------------

Insync Index, by Norm North, is a consensus indicator. It uses RSI , MACD , MFI , DPO , ROC , Stoch , CCI and %B to calculate a composite signal. Basically, this index shows that when a majority of underlying indicators is in sync, a turning point is near.

There are couple of ways to use this indicator.
- Buy when crossing up 5, sell when crossing down 95.
- Market is typically bullish when index is above 50, bearish when below 50. This can be a great confirmation signal for price action + trend lines .

Also, since this is typical oscillator, look for divergences between price and index.

Levels 75/25 are early warning levels. Note that, index > 75 (and less than 95) should be considered very bullish and index below 25 (but above 5) as very bearish . Levels 95/5 are equivalent to traditional OB/OS levels.

The various values of the underlying components can be tuned via options page. I have also provided an option to color bars based on the index value.

More info: The Insync Index by Norm North, TASC Jan 1995
https://drive.google.com/file/d/0Bx48Du_2aPFnaERoOXNjcnFONlk/view?usp=sharing

List of my free indicators: http://bit.ly/1LQaPK8
List of my app-store indicators: http://blog.tradingview.com/?p=970
(Support doc: http://bit.ly/lazybeardoc)
Remove from Favorite Scripts Add to Favorite Scripts
//
// @author LazyBear 
// List of all my indicators: http://bit.ly/1LQaPK8
// 
study(title = "Insync Index [LazyBear]", shorttitle="II_LB")
src=close
div = input(10000, title="EMO Divisor", minval=1)
emoLength = input(14, minval=1, title="EMO length")
fastLength = input(12, minval=1, title="MACD Fast EMA Length")
slowLength=input(26,minval=1, title="MACD Slow EMA Length")
signalLength=input(9,minval=1, title="MACD Signal Length")
mfiLength = input(20, minval=1, title="MFI Length")

calc_emo() => sma(div * change(hl2) * (high - low) / volume, emoLength)
calc_macd(source) =>
    fastMA = ema(source, fastLength)
    slowMA = ema(source, slowLength)
    fastMA - slowMA

calc_mfi(length) => 
    src = hlc3
    upper = sum(volume * (change(src) <= 0 ? 0 : src), length)
    lower = sum(volume * (change(src) >= 0 ? 0 : src), length)
    mf = rsi(upper, lower)
    mf

calc_dpo(period_) =>  
    isCentered = false
    barsback = period_/2 + 1
    ma = sma(close, period_)
    dpo = isCentered ? close[barsback] - ma : close - ma[barsback]
    dpo

calc_roc(source, length) =>
    roc = 100 * (source - source[length])/source[length]
    roc

calc_stochD(length, smoothD, smoothK) =>
    k = sma(stoch(close, high, low, length), smoothK)
    d = sma(k, smoothD)
    d

calc_stochK(length, smoothD, smoothK) =>
    k = sma(stoch(close, high, low, length), smoothK)
    //d = sma(k, smoothD)
    k

lengthBB=input(20, title="BB Length"), multBB=input(2.0, title="BB Multiplier")    
lengthCCI=input(14, title="CCI Length")
dpoLength=input(18, title="DPO Length")
lengthROC=input(10, title="ROC Length")
lengthRSI=input(14, title="RSI Length")
lengthStoch=input(14, title="Stoch Length"),lengthD=input(3, title="Stoch D Length"), lengthK=input(1, title="Stoch K Length")
lengthSMA=input(10, title="MA Length")

bolinslb=sma( src,lengthBB ) - multBB * ( stdev( src,lengthBB ) )
bolinsub=sma( src,lengthBB ) + multBB * ( stdev( src,lengthBB ) )
bolins2= (src- bolinslb ) / ( bolinsub - bolinslb )
bolinsll=( bolins2 < 0.05 ? -5 : ( bolins2 > 0.95 ? 5 : 0 ) )
cciins= ( cci(src, lengthCCI) > 100 ? 5 :  ( cci(src, lengthCCI ) < -100 ? -5 : 0 ) )
emvins2= calc_emo() - sma( calc_emo(),lengthSMA)
emvinsb= ( emvins2 < 0 ? ( sma( calc_emo() ,lengthSMA ) < 0 ? -5 : 0 ) : 0 )
emvinss= ( emvins2 > 0 ? ( sma( calc_emo() ,lengthSMA ) > 0 ? 5  : 0 ) : 0 )
macdins2= calc_macd( src) - sma( calc_macd( src) ,lengthSMA )
macdinsb= ( macdins2 < 0 ? ( sma( calc_macd( src),lengthSMA ) < 0 ? -5 : 0 ) : 0 )
macdinss=( macdins2 > 0 ? ( sma( calc_macd( src),lengthSMA) > 0 ? 5 : 0 ) : 0 )
mfiins=( calc_mfi( mfiLength ) > 80 ? 5 : ( calc_mfi( mfiLength ) < 20 ? -5 : 0 ) )
pdoins2=calc_dpo( dpoLength ) - sma( calc_dpo( dpoLength ),lengthSMA )
pdoinsb=( pdoins2 < 0 ? ( sma( calc_dpo( dpoLength ),lengthSMA) < 0 ? -5 : 0 ) :0 )
pdoinss=( pdoins2 > 0 ? ( sma( calc_dpo( dpoLength ),lengthSMA) > 0 ? 5 : 0 ) :0 )
rocins2=calc_roc( src,lengthROC  ) - sma( calc_roc( src,lengthROC ),lengthSMA  )
rocinsb=( rocins2 < 0 ? ( sma( calc_roc( src,lengthROC ),lengthSMA  ) < 0 ? -5 : 0 ) : 0 )
rocinss = ( rocins2 > 0 ? ( sma( calc_roc( src,lengthROC ),lengthSMA ) > 0 ? 5 : 0 ) : 0 )
rsiins= ( rsi(src, lengthRSI ) > 70 ? 5  : ( rsi(src, lengthRSI )  < 30 ? -5 : 0 ) )

stopdins=( calc_stochD(lengthStoch,lengthD,lengthK ) > 80 ? 5 : ( calc_stochD(lengthStoch,lengthD, lengthK ) < 20 ? -5 : 0 ) )
stopkins=( calc_stochK(lengthStoch,lengthD,lengthK) > 80 ? 5 : ( calc_stochK(lengthStoch,lengthD, lengthK ) < 20 ? -5 : 0 ) )

iidx = 50 + cciins + bolinsll + rsiins + stopkins + stopdins + mfiins + emvinsb + emvinss + rocinss + rocinsb + nz(pdoinss[10]) + nz(pdoinsb [10]) + macdinss + macdinsb
ml=plot(50, color=gray, title="Line50")
ll=plot(5, color= green, title="Line5")
ul=plot(95, color = red, title="Line95")

plot(25, color= green, style=3, title="Line25")
plot(75, color = red, style=3, title="Line75")

fill(ml, ll, color=red)
fill(ml, ul, color=green)

il=plot(iidx, color=maroon, linewidth=2, title="InsyncIndex")
fill(ml,il,black)

bc = iidx >= 50 ? (iidx >= 95 ? #336600 : iidx >= 75 ? #33CC00 : #00FF00) : 
    (iidx <= 5 ? #990000 : iidx <= 25? #CC3300 :  #CC9900)

ebc = input(false, title="Enable Barcolors")
barcolor(ebc?bc:na)
Might be the best indicator I have seen on tradingview......The backtest results of this thing are outstanding. How has this not gained more attention from the community?! Thanks for all your hard work, LazyBear.
Reply
Is it working with currency pair?
Reply
Hi, my indi is only shown as a line, how can I get your version as histo?

Reply
LazyBear PRO andreas73
Here's an updated source that can be shown as Histo: http://pastebin.com/4QKdCEs7

Sample chart:
snapshot
Reply
Thank you , is working
Reply
Hi LazyBear.
I've been studying the InsyncIndex and trialing it now.
Trying to keep indictors to a minimum, I've had to forfeit my previous favourite, your MFI in Bolinger band.
Do you think you can do InsyncIndex in a Bolinger band in the same way?
Reply
LazyBear PRO rubenthin
Here you go:
Src: http://pastebin.com/QthKHEZa

snapshot
Reply
You rock LazyBear! Thanks so much :-)
Enough freebies, time for me to buy your sr levels :-)
Actually, could we use InsyncIndex with your multi timeframe panes?
Thanks so much for helping.
Reply
LazyBear PRO rubenthin
YW.

Yes, MTF Panes or S/R lines will fit in with any strategy (or indicators). Feel free to PM me if you have any questions.
Reply
Thank you LazyBear ! Would it be possible to allow the thresholds to be user defined? 95/5 is a little restrictive for me; I might prefer 90/10 for OB/OS.
Tried to change the code, but didn't work for me......
Thanks for your ideas!
+1 Reply
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