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Dollar Cost Average (Data Window Edition)Hi everyone Hope you had a nice weekend and you're all excited for the week to come. At least I am (thanks to a few coffee but that still counts !!!) This indicator is inspired from Dollar-Cost-Average-Cost-Basis EDUCATIONAL POST The educational post is coming a bit later this afternoon explaining how to use the indicator so I would advise to follow me so that you'll get updated in real-time :) (shameless self-advertising) 1 - What is Dollar-Cost Averaging (DCA)? Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of an investment on regular intervals. The purchases occur regardless of the asset's price. I hope you're hungry because that one is a biggie and gave me a few headaches. Happy that it's getting out of my way finally and I can offer it This indicator will analyse for the defined date range, how a dollar cost average (DCA) method would have performed vs investing all the hard earnt money at the beginning 2- What's on the menu today ? Please check this screenshot to understand what you're supposed to see : CLICK ME I'M A SCREENSHOT (I'll repeat this URL one more time below as I noticed some don't read the information on my description and then will come pinging me saying "sir me no understand your indicator, itz buggy sir" (yes I finally thought about a way to share screenshots on TradingView, took me 4 weeks, I'm slow to understand things apparently) My indicator works with all asset classes and with the daily/weekly/monthly timeframes As always, let's review quickly the different fields so that you'll understand how to use it (and I won't get spammed with questions in DM ^^) - Use current resolution : if checked will use the resolution of the chart - Timeframe used for DCA : different timeframe to be used if Use current resolution is unchecked - Amount invested in your local currency : The amount in Fiat money that will be invested at each period selected above - Starting Date - Ending Date - Select a candle level for the desired timeframe : If you want to use the open or close of the selected period above. Might make a diffence when the timeframe is weekly or monthly 3 - Specifications used I got the idea from this website dcabtc.com and the result shown by this website and my indicator are very interesting in general and for your own trading The formula used for the DCA calculation is that one : Investopedia Dollar Cost Average 4 - How to interpret the results "But sir which results ??"...... those ones : CLICK ME I'M A SCREENSHOT :) (strike #2 with the screenshot) It will draw all the plots and will give you some nice data to analyze in the Data Window section of TradingView I'm not completely satisfied with the tool yet but the results are very closed to the dcabtc website mentioned above If you're trading a very bullish asset class (who said crypto ?), it's very interesting to see what a DCA strategy could bring in term of performance. But DCA is not magic, there is a time component which is the day/week/month you'll start to invest (those who invested in crypto beginning of 2018 in altcoins know what I'm talking about and ..............will hate me for this joke) 5 - What's next ? As said, the educational post is coming next but not only. Will probably post a strategy tomorrow using this indicator so that you can compare what's performing best between your trading and a dollar cost average method I'll publish as a protected source this time a more advanced version of that one including DCA forecasts 6 - Suggested alternative (but I'll you doing it) If you don't want to have this panel in the bottom with the plots and analyze the results in the data window, you can always create an infopanel like shown here Risk-Reward-InfoPanel/ and display all the data there Hope you'll like it, like me, love it, love me, tip me :) ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. (Meaning... a few likes only = no indicators = Dave enjoying the beach) - I'm an offically approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Pine Script™ indicator
by Daveatt
4
Multi Timeframe Moving Average Collection | Swing [aamonkey]This is a Multi Timeframe Moving Average Collection (Swing Edition). Why use it? - Spot cluster of MAs on one chart - See support and resistance - Spot "freefall zones" In the default settings you will get: 20, 100 and 200 MA of the 1D, W, and the W chart. The color indicates significance! From weaker to stronger support/resistance: green(1D),yellow(W),red(M) - Length of the MAs is modifiable - Timeframes of the MAs is modifiable - Which MAs you want to see - Colors Why use this if there is a Swing edition, that can do the same? You can use this Swing Edition if you don't want to change between the Swing and Scalp timeframes in the settings. Just turn on of the two on or off.
Pine Script™ indicator
by aamonkey
1
Multi Timeframe Moving Average Collection | Scalp [aamonkey]This is a Multi Timeframe Moving Average Collection (Scalp Edition). Why use it? - Spot cluster of MAs on one chart - See support and resistance - Spot "freefall zones" In the default settings you will get: 20, 100 and 200 MA of the 15min, 1h, 4h, and the 1D chart. The color indicates significance! From weaker to stronger support/resistance: white(15min), green(1h),yellow(4h),red(1D) - Length of the MAs is modifiable - Timeframes of the MAs is modifiable - Which MAs you want to see - Colors
Pine Script™ indicator
by aamonkey
3
Multi-TF Avg BBandsMULTI-TF AVERAGE BBANDS - with signals (BETA) Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation. created by gamazama. send me a shout if u find this useful, or if you create something cool with it. %BB: The price's position in the boilinger band is converted to a range from 0-1. The midpoint is at 0.5 Description of parameters "BB:Window Length" is the standard BB size of 20 candles. The indicator plots up to 7 different %BB's on different timescales They are calculated independently of the timescale you are viewing eg 12h, 3d, 30m will be the same output You can enter 7 timescales, eg. if you want to plot a range of bbands of the 12h up to 3d graphs, enter values between 0.5 and 3 (days) - you can also select 0 to disable and use less timescales, or select hours or minutes Take note if you eg. double the main multiplier to 40, it is the same as doubling all your timescales You can turn the transparency of the 7 x %BB's to 100 to hide them, their average is plotted as a thick cyan line "Variance" is a measure of how much the 7 BB's agree, and changes colour based on the thresholds used for the strategy ---- TO START FROM SCRATCH ---- - set all except one to ZERO (0), set to 0, and everything after to 0. Turn ON and right click -> move the indicator to a new pane - this will show you the internal workings of the indicator. Then there is a few standard settings "Source Smoothing Amount" applies a basic small sma on the price. It should be turned down when viewing candles with less information, like 1D or more. Standard BBands use an SMA, there one uses a blend between VWMA or SMA Volume Weight settings, the same as SMA at 0, and the same as VWMA at 1 BB^2 is a bband drawn around the average %BB. Adjust the to change its window length The BB^2 changes color when price moves up or down Now its time to look at the parameters which affect the buy/sell signals turn on "show signal range" - you see some red lines buy and sell each have 4 settings min/max variance will affect the brigtness of the signal range range adjust will move the range up/down mix BB^2 blends between a straight line (0) and BB^2's top or bottom (1) a threshold of "variance" and "h/l points" is available to generate weaker signals. these thresholds can be increased to show more weak signals ONCE YOU ARE HAPPY WITH THE SIGNALS being generated, you can turn OFF , and move it back to the price pane the indicator then draws a bband around the price to maps some info into the chart: fills a colour between 0.5 & the mid BB^2 and converts relative to the price chart draws a line in the middle of the midband. controls how much these lines diverge from the price - adjust it to reduce noise converts the signal range (red lines) to be relative to the price chart if you like, you can adjust the sell & buy signals in the tab from and to and to match the picture. It messes with auto-scaling when moving back to though enjoy, I hope that is easy enough to understand, still trying to make this more user-friendly. If you want to send me some token of appreciation - btc: 33c2oiCW8Fnsy41Y8z2jAPzY8trnqr5cFu I promise it will put a fat smile on my face
Pine Script™ indicator
by gamazama
4
Kal’s MTF ADX Rangoli RollerKaly MTF ADX Rangoli Roller is a method/study for finding trending stocks, indexes and cryptocurrencies using two different data periods (10, 5) of ADX Overlap over different time-frames (10m, 1H, 4H, 1D, 1W, 1M). In the study, I used 5-Period ADX for all mentioned time-frames. You may use 10-Period ADX for lower time-frames especially 10m and 1H. Sample Image of the pinescript code(at the end of this post) in Tradingview looks as follows: Note: Kal's MTF ADX Rangoli Roller is the lower Plot. The upper plot is KAL’s ADX Overlap Technical Study with MACD Filter( ) Description: ---------------- In the study plot, the lowest row is 10m, row above is 1H, row above is 4H, then 1D, then 1W and highest row is 1M Lime(Bright Green) dot implies Trending Uptrend for that time-frame (first phase) Green dot implies Trending Uptrend for that time-frame (second phase near exhaustion) Red dot implies Trending Downward for that time-frame (first phase) Maroon dot implies Trending Downward for that time-frame (second phase near exhaustion) Lime cross implies Strong Trending Uptrend for that time-frame (first phase) Green cross implies Strong Trending Uptrend for that time-frame (second phase near exhaustion) Red cross implies Trending Strong Downward for that time-frame (first phase) Maroon cross implies Trending Strong Downward for that time-frame (second phase near exhaustion) Yellow is ‘Squeeze On’ setting. During the squeeze period, the ADX signals are almost always ineffective. One may wait and watch over during this time. Once the Squeeze is released (i.e. no longer yellow), the trend corresponds to the color of the dots and crosses. Black is CRSI Overbought condition for that time-frame. It’s best to wait and research for possibility of trend reversal because 1. Profit-booking/trimming happens after CRSI Overbought condition. 2. Large Short-sellers may take huge positions during this time pushing the stock prices up. White is CRSI Oversold condition for that time-frame. It’s best to wait and research for possibility of trend reversal because 1. Profit-booking/trimming happens after CRSI Oversold conditions. 2. Large buyers may take huge positions during this time pushing the stock prices down. I am a disabled man. Therefore, I am not able to write in detail here today. More Details will follow as time permits. Please let me know if I am missing anything…  Legal Disclaimer: I published here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this script for making their decisions, I am not responsible for any failures incurred. Safe Trading! Kal Gandikota  PS: If you found this script interesting and edifying please follow and upvote.  PS2: Please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses:  BTC Wallet: 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5 ETH Wallet: 0x35e557F39A998e7d35dD27c6720C3553e1c65053 NEO Wallet: AUdiNJDW7boeUyYYNhX86p2T8eWwuELSGr PS3: For more information on ADX and CRSI, please 'Google' or search here yourself. PS4: This study is intended for research in creating automated Python Trading Systems using Pandas( steemit.com ). Screenshots of the pinescript code looks as follows: 10minute Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above) 4 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Day Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Week Screenshot of Kal's MTF ADX Rangoli Roller (Above) 1 Month Screenshot of Kal's MTF ADX Rangoli Roller (Above)
Pine Script™ indicator
by KalGandikota
3
ADX+DMI MTF byPeterOThe goal of this study was to use ADX from Higher Timeframe - to determine trend direction Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it. Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction. Adding just security() calls to 'highest', 'lowest' and 'close' didn't seem right, because it produced some ugly ADX, D+ and D- plotlines. I wanted to see plotlines, which look exactly like those on actual higher timeframe. Therefore I modified the calculations. You can read more about my take on (not) using security() calls in my other source code indicator RSI MTF: link in comments. On top of all that, I added interpretation of DMI readings, because it is not as simple as plus>minus + ADXrising = uptrend. So GREEN background means higher timeframe uptrend and RED background means downtrend.
Pine Script™ indicator
by Peter_O
8
Multi SMA EMA WMA HMA BB (5x8 MAs Bollinger Bands) MAX MTF - RRBMulti SMA EMA WMA HMA 4x7 Moving Averages with Bollinger Bands MAX MTF by RagingRocketBull 2019 Version 1.0 All available MAX MTF versions are listed below (They are very similar and I don't want to publish them as separate indicators): ver 1.0: 4x7 = 28 MTF MAs + 28 Levels + 3 BB = 59 < 64 ver 2.0: 5x6 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64 ver 3.0: 3x10 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64 ver 4.0: 5(4+1)x8 = 8 CurTF MAs + 32 MTF MAs + 20 Levels + 3 BB = 63 < 64 ver 5.0: 6(5+1)x6 = 6 CurTF MAs + 30 MTF MAs + 24 Levels + 3 BB = 63 < 64 ver 6.0: 4(3+1)x10 = 10 CurTF MAs + 30 MTF MAs + 20 Levels + 3 BB = 63 < 64 Fib numbers: 8, 13, 21, 34, 55, 89, 144, 233, 377 This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels. There are 4 MA groups + 1 BB group, a total of 4 TFs * 7 MAs = 28 MAs. You can assign any type/timeframe combo to a group, for example: - EMAs 9,12,26,50,100,200,400 x H1, H4, D1, W1 (4 TFs x 7 MAs x 1 type) - EMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 x M15, H1 (2 TFs x 14 MAs x 1 type) - D1 EMAs and SMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 (1 TF x 14 MAs x 2 types) - H1 WMAs 13,21,34,55,89,144,233; H4 HMAs 9,12,26,50,100,200,400; D1 EMAs 12,26,89,144,169,233,377; W1 SMAs 9,12,26,50,100,200,400 (4 TFs x 7 MAs x 4 types) - +1 extra MA type/timeframe for BB There are several versions: Simple, MTF, Pro MTF, Advanced MTF, MAX MTF and Ultimate MTF. This is the MAX MTF version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing - Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options - Advanced MTF: +4 extra MAs/group (4x7 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option - MAX MTF: +2 subtypes/group, packed to the limit with max possible MAs/TFs: 4x7, 5x6, 3x10, 4(3+1)x10, 5(4+1)x8, 6(5+1)x6 - Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols MAX MTF version tests the limits of Pinescript trying to squeeze as many MAs/TFs as possible into a single indicator. It's basically a maxed out Advanced version with subtypes allowing for mixed types within a group (i.e. both emas and smas in a single group/TF) Pinescript has the following limits: - max 40 security calls (6 calls are reserved for dupe checks and smoothing, 2 are used for BB, so only 32 calls are available) - max 64 plot outputs (BB uses 3 outputs, so only 61 plot outputs are available) - max 50000 (50kb) size of the compiled code Based on those limits, you can only have the following MAs/TFs combos in a single script: 1. 4x7, 5x6, 3x10 - total number of MTF MAs must always be <= 32, and you can still have BB and Num Levels = total MAs, without any compromises 2. 5(4+1)x8, 6(5+1)x6, 4(3+1)x10 - you can use the Current Symbol/Timeframe as an extra (+1) fixed TF with the same number of MTF MAs - you don't need to call security to display MAs on the Current Symbol/Timeframe, so the total number of MTF MAs remains the same and is still <= 32 - to fit that many MAs into the max 64 plot outputs limit you need to reduce the number of levels (not every MA Group will have corresponding levels) Features: - 4x7 = 28 MAs of any type - 4x MTF groups with XY step line smoothing - +1 extra TF/type for BB MAs - 2 MA subtypes within each group/TF - 4x7 = 28 MA levels with adjustable group offsets, indents and shift - supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA) - custom tickers/symbols for each group - show max bars back option - show/hide both groups of MAs/levels/BB and individual MAs - timeframe filter: show only MAs/Levels with TFs <>= Current TF - hide MAs/Levels with duplicate TFs - support for custom TFs that are not available in free accounts: 2D, 3D etc - support for timeframes in H: H, 2H, 4H etc Notes: - Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs - Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running - Possible reasons for missing MAs on a chart: - there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart. - for charts with low/fractional prices i.e. 0.00002 << 0.001 (default Y smoothing step) decrease Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0) - for charts with high price values i.e. 20000 >> 0.001 increase Y smoothing as needed (set Y = 10-20). Higher values exceeding MAs point density will cause it to disappear as there will be no points to plot. Different TFs may require diff adjustments - TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts - attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug. - Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default) - Slow load/redraw times. This indicator becomes slower, its UI less responsive when: - Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness. - the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode). - Reload the page/Load a fresh chart and then apply the indicator or - Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow) - in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level - initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars). - when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow. - show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot - Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times - In max zoom mode all dynamic levels disappear (they behave like text) - Dupe check includes symbol: symbol, tf, both subtypes - all must match for a duplicate group - For the dupe check to work correctly a custom symbol must always include an exchange prefix. BB is not checked for dupes Good Luck! Feel free to learn from/reuse the code to build your own indicators.
Pine Script™ indicator
by RagingRocketBull
12
Combined MTF Camarilla Pivots (HA + Candles)This is a fairly basic (but hopefully useful) indicator that combines three time-frames of Camarilla pivots into one. Default time-frames are: Weekly Monthly Yearly Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed). The Camarilla pivots displayed are as follows: R3, R4, R5, R6 Pivot line (Middle/Base) S3, S4, S5, S6 R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation. By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only. Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths. Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results. Let me know your thoughts/comments/suggestions. Cheers DD
Pine Script™ indicator
by DreamsDefined
19
Supertrend Multi Time Frame - Auto HTF calculationThere is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars color. Bar color is lime if trend is up and red if trend is down. but if you see white bars then there is movement opposite the main trend. if you like it please comment.
Pine Script™ indicator
by LonesomeTheBlue
38
Multi SMA EMA WMA HMA BB (4x5 MAs Bollinger Bands) Adv MTF - RRBMulti SMA EMA WMA HMA 4x5 Moving Averages with Bollinger Bands Advanced MTF by RagingRocketBull 2019 Version 1.0 This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels. There are 4 MA groups + 1 BB group, a total of 4 TFs * 5 MAs = 20 MAs. You can assign any type/timeframe combo to a group, for example: - EMAs 12,26,50,100,200 x H1, H4, D1, W1 (4 TFs x 5 MAs x 1 type) - EMAs 8,10,13,21,30,50,55,100,200,400 x M15, H1 (2 TFs x 10 MAs x 1 type) - D1 EMAs and SMAs 8,10,12,26,30,50,55,100,200,400 (1 TF x 10 MAs x 2 types) - H1 WMAs 7,77,89,167,231; H4 HMAs 12,26,50,100,200; D1 EMAs 89,144,169,233,377; W1 SMAs 12,26,50,100,200 (4 TFs x 5 MAs x 4 types) - +1 extra MA type/timeframe for BB There are several versions: Simple, MTF, Pro MTF, Advanced MTF and Ultimate MTF. This is the Advanced MTF version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing - Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options - Advanced MTF: +2 extra MAs/group (4x5 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option - Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols Features: - 4x5 = 20 MAs of any type - 4x MTF groups with XY step line smoothing - +1 extra TF/type for BB MAs - 4x5 = 20 MA levels with adjustable group offsets, indents and shift - supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA) - custom tickers/symbols for each group - you can compare MAs of the same symbol across exchanges - show max bars back option - show/hide both groups of MAs/levels/BB and individual MAs - timeframe filter: show only MAs/Levels with TFs <>= Current TF - hide MAs/Levels with duplicate TFs - support for custom TFs that are not available in free accounts: 2D, 3D etc - support for timeframes in H: H, 2H, 4H etc Notes: - Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs - Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running - Possible reasons for missing MAs on a chart: - there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart. - price << default Y smoothing step 5. For charts with low/fractional prices (i.e. 0.00002 << 5) adjust X Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0) - TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts - attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug. - Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default) - Slow load/redraw times. This indicator becomes slower, its UI less responsive when: - Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness. - the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode). - Reload the page/Load a fresh chart and then apply the indicator or - Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow) - in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level - initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars). - when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow. - show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot - Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times - In max zoom mode all dynamic levels disappear (they behave like text) 1. based on 3EmaBB, uses plot*, barssince and security functions 2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private version 3. Levels = trackprice implementation 4. Show Max Bars Back = show_last implementation 5. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params 6. Smoothing is applied by default for visual aesthetics on MTF. To use exact ma mtf values (lines with stair stepping) - disable it Good Luck! You can explore, modify/reuse the code to build your own indicators.
Pine Script™ indicator
by RagingRocketBull
3