LazyBear

Indicator: Vervoort Smoothed Oscillator [LazyBear]

This is Mr. Sylvian Vervoort's take on improving some well-known indicators (%B and Stoch ) using smoothing techniques. A combination of TEMA and WMA does a nice job smoothing out %B, derived from zero-lag “Rainbow” data series. The same Rainbow series, averaged with the typical price, smooth the Stochastic K oscillator to produce slowStoch.

Vervroot's strategy for this oscillator (detailed explanation in the reference material below):
- It must be bullish for a buy signal and bearish for a sell signal. This means that both the oscillators must be moving up or down.
- Use the oscillators for detecting divergences. Divergence even in one is still valid.
- Stoch crossing 50 is a good confirmation signal. Momentum usually is an excellent leading indicator, so keep an eye on Stoch .

More info:
http://www.traders.com/Documentation/FEE...
http://www.scribd.com/doc/182736057/2013...

Complete list of my indicators (Check the comments, I keep the list updated there):

Favori Komutlardan Çıkart Favori Komutlara Ekle
//
// @author LazyBear 
// List of all my indicators: https://www.tradingview.com/v/4IneGo8h/
//
study(title="Vervoort Smoothed Oscillator [LazyBear]", shorttitle="SV%BStoch_LB")
lengthStdev = input( 18, title="StdDev lookback")
mult=input(2.0, title="StDev Mult Factor")
smooth = input(3, title="calc_tema smoothing")
periodK = input(30, title="PeriodK")
smoothK = input(3, title="SmoothK")

calc_tema(src, length) =>
    e1 = ema(src, length)
    e2 = ema(e1, length)
    e3 = ema(e2, length)
    3 * (e1 - e2) + e3

sma2=sma(close,2)
dsma2=sma(sma2,2)
tsma2=sma(dsma2,2)
qsma2=sma(tsma2,2)
psma2=sma(qsma2,2)
ssma2=sma(psma2,2)
s2sma2=sma(ssma2,2)
osma2=sma(s2sma2,2)
o2sma2=sma(osma2,2)
desma2=sma(o2sma2,2)
rainbow = (5*sma2+4*dsma2+3*tsma2+2*qsma2+psma2+ssma2+s2sma2+osma2+o2sma2+desma2)/20
ema1 = ema( rainbow, smooth ) 
ema2 = ema( ema1, smooth ) 
zlrb = 2 * ema1 - ema2  
tz = calc_tema( zlrb, smooth ) 
hwidth = stdev( tz, lengthStdev ) 
zlrbpercb = (tz + mult*hwidth  - wma(tz,lengthStdev)) / (2*mult*hwidth)*100
rbc = avg(rainbow, hlc3)
nom = rbc - lowest( low, periodK ) 
den = highest( high, periodK ) - lowest( rbc, periodK ) 
//fastK = 100*nom/den // No Stoch clipping version
fastK = min( 100, max( 0, 100 * nom/den ) ) 

hline(0)
hline(50)
hline(100)

slowKOBLevel=input(80)
slowKOSLevel=input(20)
sk=sma( fastK, smoothK )
bs = (sk > slowKOBLevel) ? slowKOBLevel : sk
us = (sk < slowKOSLevel) ? slowKOSLevel : sk
bl=plot(bs, color=red, style=circles, linewidth=0)
ul=plot(us, color=red, style=circles, linewidth=0)
tl=plot( sk, title="SlowK", color=red, linewidth=2 )
fill(bl, tl, color=red, transp=90)
fill(ul, tl, color=blue, transp=90)
plot( zlrbpercb , title="Zero Lag Rainbow %B", color=blue, linewidth=2 ) 
<3
Cevap Gönder
Another quality release. Thank You
+1 Cevap Gönder
Ana Sayfa Hisse Senedi Takipçisi Forex Takipçisi Kripto Takipçisi Ekonomik Takvim Gösterimler Nasıl Çalışır Grafik Özellikleri Ücretlendirme Kurallarımız Moderatörler Web Sitesi & Aracı Kurum Çözümleri Görsel Bileşenler(Widget) Grafik Çözümleri Hafif Grafik Kitaplığı Destek Merkezi Bir arkadaşınıza yönlendirin Yeni Özellik Talebi Blog ve Haberler SSS Viki Twitter
Profil Profil Ayarları Hesap ve Ödemeler Bir arkadaşınıza yönlendirin Destek Kayıtlarım Destek Merkezi Yayınlanmış Fikirler Takip Edenler Takip Ediliyor Özel Mesajlar Sohbet Çıkış