“MACZVWAP-modified” conversion request from Tradingview

• 05/09/2022 at 10:01 AM #192931
  lorebruno

  Dear All,

  I just found this indicator on Tradingview code (Pinescript) that I found interesting:

  https://www.tradingview.com/script/dPYnTwxq-MACZVWAP-modified/

  I would be interested in evaluating the outcome of this indicator on Prorealtime

  I attached the following files:

  1. file with the screenshot from Tradingview in which I applied this indicator to PPL Corporation stock (daily)
  2. file with the Pinescript script

  I hope that I correctly understood the forum rules and I did not mess up anything with this request, since it’s the first time I write a request on this forum.

  Thanks to anyone would like to take the chance of having a look to this request

  Best regards

  Lorenzo

  

  lorebruno

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  05/10/2022 at 7:42 AM #192965
  Nicolas

  So that’s the MACD of the Z-score of a VWAP and with a Laguerre smoothing. I will try to look at that today. Thanks a lot for the nicely formatted code translation query! (would be better with a short description, but the original author doesn’t give any, so that’s ok for this time 😆 )

  

  Nicolas

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  05/10/2022 at 9:26 AM #192977
  Nicolas

  The MACZVWAP indicator is available in the library.

  1 user thanked author for this post.

  JohnScher

  

  Nicolas

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  05/10/2022 at 10:18 PM #193017
  JohnScher

  Looks to me a bit like 2 oscillators overlapping. Black line and the histogram.
  After a rebuild into a strategy, can you measure how the success is when the two oscillators are furthest apart?
  The same question arises with me also with, Didi indicator, have it there with abs (DDL-DDS) tried. With moderate success after optimization.
  And here and or again there in a flawless programming?

  

  JohnScher

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  05/11/2022 at 9:26 AM #193037
  supertiti

  This indicator seems interesting a priori, everyone will put the values ​​as they please, personally I set faster parameters.

  Would it be possible to have the same code with the signal on the price graph

  Thanks, have a good day

  

  supertiti

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  08/10/2022 at 7:41 AM #198847
  pepe

  Hi,

  I also would like to have the same code with signal on price graph.
  Thanks 🙂

  

  pepe

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  08/10/2022 at 12:39 PM #198875
  supertiti

  Bonjour,

  J’ai fai ça, j’ai mis une moyenne pour que ce soit plus lisible ce qui lisse le signal évidemment
  bons trades

  MACZVWAP on chart

  //MACZVWAP on chart indicator 10.08.2022 modifié //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //converted from pinescript // --- settings fastLength = 12 //MACD Fast MA Length slowLength = 25 //MACD Slow MA Length signalLength = 9 //MACD Signal Length lengthz = 20 //Z-VWAP Length lengthStdev = 25 //Stdev Length A = 1.0 //MACZ constant A B = 1.0 //MACZ constant B useLag = 1 //Apply Laguerre Smoothing (0=false ; 1=true) gamma = 0.02 //Laguerre Gamma // p = 10 // m = exponentielle // --- end of settings source=customclose mean = summation[lengthz](volume*close)/summation[lengthz](volume) vwapsd = sqrt(average[lengthz](pow(close-mean, 2))) zscore = (close-mean)/vwapsd fastMA = average[fastLength](source) slowMA = average[slowLength](source) imacd = fastMA - slowMA maczt=zscore*A+ imacd/std[lengthStdev](source)*B if uselag and maczt>0 then s = maczt g = gamma l0 = (1 - g)*s+g*(l0[1]) l1 = -g*l0+(l0[1])+g*(l1[1]) l2 = -g*l1+(l1[1])+g*(l2[1]) l3 = -g*l2+(l2[1])+g*(l3[1]) macz=(l0 + 2*l1 + 2*l2 + l3)/6 else macz=maczt endif ///////////////////////////////////////////////////////// signal = ( average[signalLength](macz) /100 ) + close MA = average [p,m]( signal ) ///////////////////////////////////////////////////////// hist=macz-signal return signal style(line,3) as "signal MACZVWAP" , MA as " MA "

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  //MACZVWAP on chart indicator 10.08.2022 modifié //Nicolas @ www.prorealcode.com  //Sharing ProRealTime knowledge //converted from pinescript   // --- settings fastLength = 12 //MACD Fast MA Length slowLength = 25 //MACD Slow MA Length signalLength = 9 //MACD Signal Length lengthz = 20 //Z-VWAP Length lengthStdev = 25 //Stdev Length A = 1.0 //MACZ constant A B = 1.0 //MACZ constant B useLag = 1 //Apply Laguerre Smoothing (0=false ; 1=true) gamma = 0.02 //Laguerre Gamma // p = 10 // m = exponentielle // --- end of settings   source=customclose   mean = summation[lengthz](volume*close)/summation[lengthz](volume) vwapsd = sqrt(average[lengthz](pow(close-mean, 2))) zscore = (close-mean)/vwapsd   fastMA = average[fastLength](source) slowMA = average[slowLength](source) imacd = fastMA - slowMA maczt=zscore*A+ imacd/std[lengthStdev](source)*B if uselag and maczt>0 then s = maczt g = gamma l0 = (1 - g)*s+g*(l0[1]) l1 = -g*l0+(l0[1])+g*(l1[1]) l2 = -g*l1+(l1[1])+g*(l2[1]) l3 = -g*l2+(l2[1])+g*(l3[1]) macz=(l0 + 2*l1 + 2*l2 + l3)/6 else macz=maczt endif ///////////////////////////////////////////////////////// signal =  ( average[signalLength](macz) /100 ) + close MA = average [p,m]( signal ) /////////////////////////////////////////////////////////   hist=macz-signal   return  signal style(line,3) as "signal MACZVWAP" , MA as " MA "

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  JohnScher

  

  supertiti

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