samuelhei

Snake Oscillator

This Oscillator helps to identify the ending of waves, good to get entries and exits.

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study("Snake Oscillator","SNK_OSC")

len = input(25,"Length")

h = ema(high,len)
l = ema(low,len)


hp = h/h[len]
lp = l/l[len]
 
avg = avg(hp,lp)

havg = ema(highest(avg,len),len)
lavg = ema(lowest(avg,len),len)


pa = plot(avg,color=gray)
ph = plot(havg,color=gray)
pl = plot(lavg,color=gray)

fill(ph,pa,color=red,transp=60)
fill(pl,pa,color=green,transp=60)
bit lagging
+1 Reply
IvanLabrie PRO NickCoulby
What isn't?
+1 Reply
NickCoulby PRO IvanLabrie
Indicators of value
Reply
NickCoulby PRO NickCoulby
Like HGI
+1 Reply
IvanLabrie PRO NickCoulby
Rgmov, CCI, ichimoku...list is small.
+1 Reply
samuelhei PRO NickCoulby
You give me a Idea, add tolerance line, check out:
+1 Reply
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