CM_Williams_Acceleration-Deceleration-Osc_System

125 0
Chris Moody
//Created by user ChrisMoody by request for deejmoney
//Option to plot Traditional Williams Acceleration Deceleration Indicator - Currently a 4 color histogram.
//Option to plot Threshold bands based on a lookback period and percentile of the Highs and Lowes of Indicator.

study(title="CM_Williams_Acceleration-Deceleration-Osc_System", shorttitle="CM_Williams Accel_Decel_Osc_System", overlay=false)
src = (hl2)
savg = input(5, title="Short MA")
lavg = input(34, title="Long MA")
col_Hist = input(true, title=" Use Threshold Histogram = Check, or 4 Color Histogram")
pt = input(.90, title="Percent Threshold of Highs and Lows - Use Decimal for %")
lb = input(100, title="Lookback Period For Threshold Percent")
stl = input(true, title="Show Upper and Lower Threshold Lines?")
stml = input(true, title="Show Mid-Lines Based on LookBack Period of Highs and Lows")
sl = input(true, title="Show Acc/Dec Line?")
sd = input(true, title="Show Entry Cross After Threshold High or Low")

//Williams Acceleration/Deceleration Formula
short_Avg = sma(src, savg)
long_Avg = sma(src, lavg)

ao = short_Avg - long_Avg
ac = ao - sma(ao, savg)

//upper threshold lines
ach = highest(ac, lb)*pt
acl = lowest(ac, lb)*pt

//mid point threshold lines
achm = ach*.50
aclm = acl*.50

//4 color histogram
histA_IsUp = ac > ac[1] and ac > 0
histA_IsDown = ac < ac[1] and ac > 0
histB_IsDown = ac < ac[1] and ac <= 0
histB_IsUp = ac > ac[1] and ac <= 0

//Warniing Histogram
warn_color = ((ac > achm and ac[1] < achm[1]) or (ac < aclm and ac[1] > aclm[1]))

plot_color = histA_IsUp ? aqua : histA_IsDown ? blue : histB_IsDown ? red : histB_IsUp ? maroon : gray

//Histogram based on Threshold
col_pr = ac >= ach ? red  : ac <= acl ? green : warn_color ? orange : gray

col_Histogram = col_Hist ? col_pr : plot_color

cross_down = (ac[3] > ach[3] or ac[4] > ach[4] or ac[5] > ach[5] or ac[6] > ach[6] or ac[7] > ach[7]) and ((sma(ac, 1)[1]) > achm[1] and (sma(ac, 1)) <= achm)
//or ac[8] > ach[8]
cross_up = (ac[3] < acl[3] or ac[4] < acl[4] or ac[5] < acl[5] or ac[6] < acl[6] or ac[7] < acl[7]) and (sma(ac, 1)[1]) < aclm

circleYPosition = achm
circleYPosition_l = aclm

plot(ac, title="Williams ADO", style=histogram, linewidth=4, color=col_Histogram)
plot(sl and sma(ac, 1) ? sma(ac, 1) : na, title="Acc/Dec Line", style=line, linewidth=4, color=white)
plot(0, title="0 Line", style=solid, linewidth=3, color=silver)
plot(stl and ach ? ach : na, title="High Threshold Line", style=line, linewidth=4, color=red)
plot(stl and acl ? acl : na, title="Low Threshold Line", style=line, linewidth=4, color=lime)
p1 = plot(stml and achm ? achm : na, title="MidPoint High Threshold Line", style=line, linewidth=2, color=gray)
p2 = plot(stml and aclm ? aclm : na, title="MidPoint Low Threshold Line", style=line, linewidth=2, color=gray)
fill(p1,p2, color=silver, transp=70)
//plot(sd and cross(sma(ac, 1), achm) ? circleYPosition : na,style=cross, linewidth=4, color=aqua)
plot(sd and cross_down and cross(sma(ac, 1), achm) ? circleYPosition : na,style=cross, linewidth=6, color=fuchsia)
plot(sd and cross_up and cross(sma(ac, 1), aclm) ? circleYPosition_l : na,style=cross, linewidth=6, color=yellow)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter