SMI Ergodic Oscillator

Template (v17+)

XAVG(XAVG(C - C1, p), q) / XAVG(XAVG(ABS(C - C1), p), q) - XAVG(XAVG(XAVG(C - C1, p), q) / XAVG(XAVG(ABS(C - C1), p), q), r)

Related Topics

Hi  Bruce: Is it possible to code this oscillator as a pcf?   (I don't care about the histogram, colors etc.):

https://www.tradingview.com/script/vWzBujcZ-Adaptive-Ergodic-Candlestick-Oscillator-LazyBear/

Yes, that is the formula above.  You just need to sub the short, long and signal periods to your liking.

I don't think so. It is an adaptive form which uses stochastic 14.

I am not quite sure I understand the code and I don't think this is right (I don't think I am understanding the use of the EP variable).

100 * XAVG(ABS(STOC14 - 50) / 50 * XAVG(ABS(STOC14 - 50) / 50 *(C - O), 2), 2) / XAVG(ABS(STOC14 - 50) / 50 * XAVG(ABS(STOC14 - 50) / 50 * (H - L), 2), 2)

And the SE values used to calculate some of the colors is the following.

100 * XAVG(XAVG(ABS(STOC14 - 50) / 50 * XAVG(ABS(STOC14 - 50) / 50 * (C - O), 2), 2) / XAVG(ABS(STOC14 - 50) / 50 * XAVG(ABS(STOC14 - 50) / 50 * (H - L), 2), 2), 9)

Hi Bruce,

This is a little more complex. I'm trying to write a PCF Indicator (not condition) for the

1. Klinger Volume Oscillator (9, 13) as the source derived from the price;

2. Next up in the hierarchy,  I looking for the SMI Ergodic Indicator (3, 7) sourced by the KVO (9,13);

And lastly the 7 period ROC of the SMI Ergodic Indicator (3, 7).

It would be easy to make a Condition PCF, but I would like to have an indicator which shows zero line (of the Ergodic Osc) crossings from trhe ROC. Ideally a +1 bar when the ROC crosses the zero line up and a -1 bar when the ROC crosses the zero line down.

Is this doable?

Many thanks,

Chris 

I don't think I am going to be able to do this. So far, I haven't been able to reproduce the Klinger Volume Oscillator. Assuming I can do so eventually, I suspect the formula is gonig to be too long and slow to be practical or post in the forums.

Hi Bruce,

I understand. Do you think you could program it without the KVO.

Just by means of the ROC(7) of the SMI Ergodic Indicator (3, 7)?

That would help alot, i.e. also having a +1 Histogram bar with the ROC-7 crossing the zero line up, and a -1 histogram bar for the ROC-7 crossing the zero line down.

Perhaps it is easy to change the ROC-7 parameter subsequently into a ROC-5 or so.

Many thanks Bruce.

Chris

Hi Bruce,

I just found a better way, but don't know if it's possible:

To the the MoneyStream (instead of the KVO), then to source the TSI3-5 from the MS. And lastly to have the ROC(5) being sourced from the TSI3-5.

That would elimiate the KVO but using MS, it would be superior to just using the ROC(7) of the TSI3-7.

Do you think with may be doable?

Thanks, Bruce

Chris

Sorry, I got all all confused looking at a differen chart.

What I mean is:

1. Use MS instead of KVO.

2. Then source SMI Ergodic Indicator (3, 5) from the MS.

3. Then source ROC-5 from the SMI Ergodic (3,5)

Somehow the TSI slipped in there instead of the SMI Ergodic indicator, very sorry.

Chris

This is definately correct.

Many thanks indeed:

Do I make 2 separate PCF Indicators here? One for the top and one for the bottom one...

I keep trying to respond to your question and then you post a clarification before I respond which makes my response incorrect (or in the last case it just made me think it was wrong as TSI and SMI Ergodic are two different names for the same thing).

So I think the base formula for your most recent proposal would be the following.

XAVG(XAVG(MS - MS1.1, 3), 5) / XAVG(XAVG(ABS(MS - MS1.1), 3), 5) - XAVG(XAVG(MS1.5 - MS1.6, 3), 5) / XAVG(XAVG(ABS(MS1.5 - MS1.6), 3), 5)

And a histogram for the crossovers would be the following.

(SGN(XAVG(XAVG(MS - MS1.1, 3), 5) / XAVG(XAVG(ABS(MS - MS1.1), 3), 5) - XAVG(XAVG(MS1.5 - MS1.6, 3), 5) / XAVG(XAVG(ABS(MS1.5 - MS1.6), 3), 5)) - SGN(XAVG(XAVG(MS1.1 - MS1.2, 3), 5) / XAVG(XAVG(ABS(MS1.1 - MS1.2), 3), 5) - XAVG(XAVG(MS1.6 - MS1.7, 3), 5) / XAVG(XAVG(ABS(MS1.6 - MS1.7), 3), 5))) / 2

These are two different formulas and/or Custom PCF Indicators.

Thanks Bruce, sorry about all the confusion.

Hi Bruce,

I really don't want to be a bother. But looking at the two new indicators I can see a 2-3 bar delay in the zero line crossing of the basic indicator as compared to the histogram signals. I have (tried to) attach a respective screen print. Any thought on this?

Can I also get a copy in TC Mail please?

Regards

I have sent you a copy of a chart containing my interpretation of ROC of SMI of MS via TCMail. It will only work for TC2000 v17 or newer. You should be able to edit the Custom PCF Indicators to view the formulas.

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