Request: (Hurst) Cycle Channel Oscillator (LazyBear, Tradingview)

Forums ProRealTime English forum ProBuilder support Request: (Hurst) Cycle Channel Oscillator (LazyBear, Tradingview)

Viewing 12 posts - 1 through 12 (of 12 total)
  • #120980

    Hi!

    I’ve been using prorealtime and using work done in ProRealCode Phorum for a while, and I am really grateful for the job. This is my first message and request. I’va fallen in love with an adaptation made in Tradingview of this indicator, https://www.prorealcode.com/prorealtime-indicators/hurst-cycle-channel-clone/. 

    The same author has created the indicator transformed in an Oscillator (Link here). The thing is that there is an option to apply the code, instead of the price, to another mean or indicator, and I think is a really interesting and useful transformation (transform an average in an oscillator, can smooth and supress noise and pullbacks, etc). Could it be translated to PRT having that option of applying to another indicator or average?  Thanks in advance!

    (It has also the option of painting candlebars, Maybe is interesting, but for me it wouldn’t be necessary in case means extra work for you).

    I attach here the original pinescript code:

     

     

    #120998

    I’ll try to translate it by tomorrow, please remind me if I don’t!

    #121007

    Hola Caotico

    You can try this one :

    Here is the IBEX35

    Where do you live in Spain ? soy de Medina Sidonia

    un saludo

    #121008

    IBEX35

     

    #121013

    Thanks! No rush 🙂

    #121014

    Thank you! I of the Balearic Islands. I am still starting at this but the indicator has caught my attention after seeing many, and combining it with the price passed by someone else (eg I have tried VIDYA and CCI) greatly improves the oscillators. The idea would be to use the same thing but transformed into an oscillator.

    #121035

    Here is the code translated from Pinescript into ProRealTime. You have to change the src variable to inject any type of value, in this version it is the Close.

     

    #121039

    VIDYA version

     

    #121040

    tHANKS! Works great, now time to play with it.

    #121076

    Hi again. The VIDYA I am working with is the other version, the merging gives a smoother pattern. I’ve tried myself to add it up but I haven’t been able to code. It seems it’s not so straight forward to apply an indicator to another independent indicator as I thought.

     

    Thanks!

     

    #121086

    Here it is:

     

    #121091

    Thanks!

     

    As an example, I attach first image on my desktop now, Oil daily futures:

    The indicators, for comparing purposes, are: Cycle channel oscillator applied to VIDYA, SUperbandpass filer, Wavetrend, and DSS , all with standars inputs.

    In a first impression, I would say, being a relatively slow indicator, it gives clear big picture turning the moving average into an oscillator, signal ranging markets well like the Vidya (in which use another kind of oscillator), and has big divergences in major turning points. Probably it gives interesting results merging with other kind of moving averages, oscillators or price filters.

     

    1 user thanked author for this post.
Viewing 12 posts - 1 through 12 (of 12 total)

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