Oscillator based on two moving averages: The first is a weighted moving average and the second one a simple average that detect the sensitivity of the movement of the price.
The indicator marks “dynamic supports” when MA crossing, making a channel in the price.
BUY conditions:
- When the SR (green) line is crossed up with the SR-Signal line (red line) it is called a continuation signal, a BUY signal is given.
- When the SR line (green) is outside the channel and crosses upwards with the Lower Limit (blue line) and this line with the SR-Signal line, a strong buy signal is given.
SELL conditions:
- When the SR (green) line crosses down with the SR-Signal line (red line) it is called a bearish cross, a sell signal is given.
- When the SR (green) line is outside the channel and crosses down with the Upper Limit (blue line) and this line with the SR-Signal line, a strong sell signal is given.
This indicator is accurate in 1 hour timeframe or higher timeframes and is adaptable as a separate indicator or next to the price.
Attached channel configuration add a color zone and select Upper channel and Lower channel as shown in the picture.
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//RB-SR | indicator //22.12.2017 //RB @ www.tiburonesdealetacorta.com //Sharing ProRealTime SRL=weightedaverage[8](close) SRR = average[8](close) SR = 2*srl - srr SRSL=weightedaverage[20](close) SRSR = average[20](close) srsignal = 2*srSl - srSr if sr>srsignal THEN UP = highest[round(150)](sr) NUP = highest[round(20)](srsignal) ELSE UP = highest[round(150)](srsignal) NUP = highest[round(20)](sr) ENDIF if sr<srsignal THEN Lowl = lowest[round(150)](sr) NIN = lowest[round(20)](srsignal) ELSE Lowl = lowest[round(150)](sr) NIN = lowest[round(20)](srsignal) ENDIF RETURN sr COLOURED(0,255,0) as "SR", srsignal COLOURED(255,0,0) as "SR-Signal", up COLOURED(51,51,255) as "Upper limit",lowl COLOURED(51,51,255) as "Lower limit",nup COLOURED(51,51,255) as "Neuronal Upper",nin COLOURED(51,51,255) as "Neuronal Lower" |
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ProRealTime ITF files and other attachments :
Filename : download the ITF files
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Podemos añadir este codigo para tener las flechas :
///////////////////////////////////////////////////////
If SRL crosses over SRR then
DRAWARROWUP ( barindex , low[1] )coloured (21,235,19,200)
endif
If SRL crosses under SRR then
DRAWARROWDOWN ( barindex , high[1] )coloured (234,20,170,200)
endif
///////////////////////////////////////////////////////
Thank you Supertiti for your contribution
best wishes
Buenas tardes y gracias por este magnifico indicador. Queria saber si tienes un proscreener de este indicador .
Que busque los valores que la linea verde acaba de cruzar al alza o a la baja
Tenéis algún screener de este indicador?