kloov

Kite Crossing Oscillator

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Quick script based on LazyBear's WaveTrend Oscillator, adding multiple time frames to evaluate potential long/short opportunities
Release Notes: updated to wait static 2 close confirmation before printing a long/short label
Release Notes: n/a
Release Notes: utilize lookahead functionality to better plot
Release Notes: * added configurable confirmations before printing label (def = 2)
* changed labels from long/short to over/under
Release Notes: New updates
- ability to suppress repeat over/under labels
- ability to add 5th and 6th time frames (but not required)
- ability to turn off paint

Somebody asked about a tip jar. I appreciate the love and anything received will go to my daughters' Disney World trip they want to go on
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Release Notes: Something got dorked in the upload. Trying again.
Release Notes: v2.1 :: Somebody notified me that the alerts were not suppressing when turning on label suppression. This has been corrected. My apologies for missing this.
Release Notes: v2.2 :: Per request, added a bar indicating over/under. If the bar is in the way, you can move it by changing the 'Top of bar plot' and 'Bottom of bar plot'. Default is -20 & -25
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Comments

Hey, really really love this thing. But is there a way to make it so that only the "VWAP" values at the candle close of the timeframe in question are graphed on the indicator? Instead of the values being graphed every time your main chart prints a new candle. I run the 3min chart with this indicator's times set at 8, 16, 32, and 64, and have found that, generally, over/under indicators printed only with "VWAP" data from the respective 8/16/32/64min candle closes are far more accurate to trade on than with the data getting graphed every 3min, which seemed far more flip floppy. You'll probably be able to see what I mean if you leave the indicator open in a window for 12 hours, and refresh the page. Some over/under indications will likely not be there, and some others will have changed places, as the more frequently graphed VWAP data isn't retained when the indicator is reloaded.
+12 Reply
levesquo Ensurer
@Ensurer, I noticed that too. If you flip to Heinkin Ashi candle and come back to normal candle itwill resolve the problem for the last candles but will continue to be ''flip floppy'' if you keep chart opened
+3 Reply
kloov Ensurer
@Ensurer, thanks for catching this. It makes complete sense. Hold off printing anything until the respective time frame bars close in their time frames. Then evaluate if all are over or under
+2 Reply
Kloov great software! I was wondering if instead of pinning KCO to the VWAP, WOuld it be possible to pin it to the "Wolfpack ID" indicator? The WP does not flip and repaint as much as the VWAP. Might be the pot of gold everyone is looking for!!!
+4 Reply
JOEzuc123 JOEzuc123
@JOEzuc123, Another idea. People are using certain timeframes for different plays. (1, 3, 6, 12) for scalps, (7, 15, 30, 60) for medium swing and 60, 120, 360, 720 for large swings ,

All of these on seperate screens. What if you made a sort of ensemble of these timeframes, and had them represented with different color/size, etc. tag on one screen. ?
Reply
JOEzuc123 JOEzuc123
@JOEzuc123, I was able to accomplish this! Using the size of the tags to indicate the timeframes. The tiny the tag the smaller the time frames, small tag for med. TFs, and Normal for the larger TFs. The screen though is crowded and hard to differentiate which is which. Anyway you could add some other color, shape , etc to accomplish a way to differentiate the TF ensemble?
+1 Reply
Rosscheal10 JOEzuc123
@JOEzuc123, The Wolfpack would be a great implementation
+2 Reply
Some of the triggers aren't making the alarm fire. I'm running it off two windows with two different sets of time frames, which is 4 alarms all together. If that's useful information?
+4 Reply
The indicator often loose signals. They appear and disappear a little later... Specially when i use small timeframes. (3,6,12 and 24min.) Can you fix this! Somebody is wrong here, an alert is shown up but I I went to the chart there is no direction change shown. To disable predictive closes in the lower timeframes is no work around because than the signals are to late! Thank you for your work man! Keep it up!
+3 Reply
bogan1 cryptosniper80
@cryptosniper80, anyone fixed this as it's basically a repainting indicator as it is?????
+1 Reply
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