andregrillo · June 7, 2021 19:08 · Oct 14, 2019 · Oct 14, 2019
diff --git a/gistfile1.txt b/gistfile1.txt
@@ -111,9 +111,7 @@ color_area = MVC > 0 ? color.green : color.red
 up = rma(max(change(close), 0), 14)
 down = rma(-min(change(close), 0), 14)
 rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - 100 / (1 + up / down)
-rsiColor = rsi <= RSIOversold
-Enoch, [14.10.19 19:45]
-? color.green : rsi >= RSIOverbought ? color.red : color.purple
+rsiColor = rsi <= RSIOversold ? color.green : rsi >= RSIOverbought ? color.red : color.purple
 
 // Calculates WaveTrend
 esa = ma(wtMA, ap, n1)
@@ -217,10 +215,7 @@ fill(RSIMFIplot, plot(0), color_area, transp=45)
 
 // RSI + MFI BAR
 rsimfiBarTopLine = plot(-95, title="RSI+MFI Bar TOP Line", color=color.black, transp=100)
-rsimfiBarBottomLine = plot(-105, title="RSI+MFI Bar BOTTOM Line", color=color.
-
-Enoch, [14.10.19 19:45]
-black, transp=100)
+rsimfiBarBottomLine = plot(-105, title="RSI+MFI Bar BOTTOM Line", color=color.black, transp=100)
 fill(rsimfiBarTopLine, rsimfiBarBottomLine, color=color_area, transp=65)
 
 // WT Area 1
@@ -257,4 +252,4 @@ alertcondition(plotWTGoldBuy != 0, "GOLD Buy Signal (Big GOLDEN circle)", "Green
 // SELL
 alertcondition(sellSignal != 0, "Sell Signal (Big red circle)", "Red Circle WaveTrend Overbought")
 alertcondition(divSellSignal != 0, "Sell Signal (Big red circle + Div)", "Buy signal & WT Bearish Divergence & WT Overbought ")
-// }
+// } ALERTS
diff --git a/gistfile1.txt b/gistfile1.txt
@@ -0,0 +1,260 @@
+//@version=4
+//  CIRCLES:
+//    - LITTLE: They appear at all WaveTrend wave crossings
+//    - GREEN: The wavetrend waves are at the oversold level and have crossed up (bullish)
+//    - RED: The wavetrend waves are at the overbought level and have crossed down (bearish)
+//    - PURPLE: Appear when a bullish or bearish divergence is formed and WaveTrend waves crosses at overbought and oversold points
+//    - GOLD:  When RSI is below 20, WaveTrend waves are below or equal to -80 and have crossed up (DONT BUY WHEN GOLD CIRCLE APPEAR)
+//    - None of these circles are certain signs to trade. It is only information that can help you.
+//
+//  I am not an expert trader or know how to program pine script as such, in fact it is my first indicator only to study and all the code is copied and modified from other codes that are published in TradingView.
+//  I am very grateful to the entire TV community that publishes codes so that other newbies like me can learn and present their results. This is an attempt to imitate Market Cipher B.
+
+study(title="Cipher_B", shorttitle="Cipher_B")
+
+// FUNCTIONS { 
+
+// DIVERGENCES
+f_top_fractal(_src) => _src[4] < _src[2] and _src[3] < _src[2] and _src[2] > _src[1] and _src[2] > _src[0]
+f_bot_fractal(_src) => _src[4] > _src[2] and _src[3] > _src[2] and _src[2] < _src[1] and _src[2] < _src[0]
+f_fractalize(_src) => f_top_fractal(_src) ? 1 : f_bot_fractal(_src) ? -1 : 0
+
+// MA Selector
+ma(matype, src, length) =>
+    if matype == "RMA"
+        rma(src, length)
+    else
+        if matype == "SMA"
+            sma(src, length)
+        else
+            if matype == "EMA"
+                ema(src, length)
+            else
+                if matype == "WMA"
+                    wma(src, length)
+                else
+                    if matype == "VWMA"
+                        vwma(src, length)
+                    else
+                        src
+
+// } FUNCTIONS 
+
+
+// PARAMETERS {
+
+// WaveTrend Channel Length
+n1 = input(7, "WT Channel Length")
+// WaveTrend Average Length
+n2 = input(13, "WT Average Length")
+
+// WaveTrend MA Params
+wtMA = input(defval="EMA", title="WT MA Type", options=["RMA", "SMA", "EMA", "WMA"])
+wtMA1 = input(defval="EMA", title="WT MA Type 1", options=["RMA", "SMA", "EMA", "WMA"])
+wtMA2 = input(defval="EMA", title="WT MA Type 2", options=["RMA", "SMA", "EMA", "WMA"])
+wtMA3 = input(defval="SMA", title="WT MA Type 3", options=["RMA", "SMA", "EMA", "WMA"])
+
+// WaveTrend Overbought & Oversold lines
+obLevel = input(53, "WT Overbought Level 1")
+obLevel2 = input(60, "WT Overbought Level 2")
+osLevel = input(-53, "WT Oversold Level 1")
+osLevel2 = input(-60, "WT Oversold Level 2")
+osLevel3 = input(-80, "WT Oversold Level 3")
+
+// WaveTrend MA Source
+ap = input(ohlc4, "WaveTrend MA Source")
+
+// WaveTrend MA Length
+sp = input(3, "WaveTrend MA Length")
+
+// RSI+MFI Period
+rsiMFIperiod = input(60, "RSI+MFI Period")
+MFRSIMA = input(defval="SMA", title="MFRSIMA", options=["RMA", "SMA", "EMA", "WMA", "VWMA"])
+
+//RSI+MFI Area multiplier
+rsiMFIMultiplier = input(150, "RSI+MFI Area multiplier")
+
+// Colors
+colorRed = #ff0000
+colorPurple = #da00ff
+colorGreen = #03ff00
+colorOrange = color.orange
+colorWT1 = #8ec7fb
+colorWT2 = #1353ac
+
+
+// Divergence WT
+WTShowDiv = input(true, 'Show WT Divergences')
+WTDivOBLevel = input(35, title="WT Bearish Divergence min")
+WTDivOSLevel = input(-65, title="WT Bullish Divergence min")
+
+// Divergence RSI
+RSIShowDiv = input(false, 'Show RSI Divergences')
+RSIDivOBLevel = input(60)
+RSIDivOSLevel = input(30)
+
+// RSI Levels
+RSIOversold = input(30, "RSI Oversold", input.integer, minval=50, maxval=100)
+RSIOverbought = input(60, "RSI Overbought", input.integer, minval=0, maxval=50)
+
+// } PARAMETERS
+
+
+// CALCULATE INDICATORS {
+
+// RSI + MFI Area
+candleValue = (close - open) / (high - low)
+MVC = ma(MFRSIMA, candleValue * rsiMFIMultiplier, rsiMFIperiod)
+color_area = MVC > 0 ? color.green : color.red
+
+// RSI
+up = rma(max(change(close), 0), 14)
+down = rma(-min(change(close), 0), 14)
+rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - 100 / (1 + up / down)
+rsiColor = rsi <= RSIOversold
+Enoch, [14.10.19 19:45]
+? color.green : rsi >= RSIOverbought ? color.red : color.purple
+
+// Calculates WaveTrend
+esa = ma(wtMA, ap, n1)
+de = ma(wtMA1, abs(ap - esa), n1)
+ci = (ap - esa) / (0.015 * de)
+tci = ma(wtMA2, ci, n2)
+wt1 = tci
+wt2 = ma(wtMA3, wt1, sp)
+
+// VWAP
+vwap_area = wt1 - wt2
+
+// WaveTrend Conditions
+WTCross = cross(wt1, wt2)
+WTCrossUp = wt2 - wt1 <= 0
+
+WTCross_last = cross(wt1[2], wt2[2])
+WTCrossUp_last = wt2[2] - wt1[2] <= 0
+WTCrossDown_last = wt2[2] - wt1[2] >= 0
+
+WTCrossDown = wt2 - wt1 >= 0
+WTOverSold = wt2 <= osLevel
+WTOverBought = wt2 >= obLevel
+
+// WT Divergence
+WTFractal_top = f_fractalize(wt2) > 0 and wt2[2] >= WTDivOBLevel ? wt2[2] : na
+WTFractal_bot = f_fractalize(wt2) < 0 and wt2[2] <= WTDivOSLevel ? wt2[2] : na
+
+WTHigh_prev  = valuewhen(WTFractal_top, wt2[2], 0)[2]
+WTHigh_price = valuewhen(WTFractal_top, high[2], 0)[2]
+WTLow_prev  = valuewhen(WTFractal_bot, wt2[2], 0)[2]
+WTLow_price  = valuewhen(WTFractal_bot, low[2], 0)[2]
+WTRSI_prev = valuewhen(WTFractal_bot, rsi[2], 0)[2]
+
+bearWTSignal = WTFractal_top and high[2] > WTHigh_price and wt2[2] < WTHigh_prev
+bullWTSignal = WTFractal_bot and low[2] < WTLow_price and wt2[2] > WTLow_prev
+
+
+WTCol1 = bearWTSignal ? colorRed : na
+WTCol2 = bullWTSignal ? #00FF00EB : na
+
+WTGoldBuy = WTLow_prev <= osLevel3 and WTRSI_prev < 20 and bullWTSignal
+
+// RSI Divergence
+RSIFractal_top = f_fractalize(rsi) > 0 and rsi >= RSIDivOBLevel ? rsi[2] : na
+RSIFractal_bot = f_fractalize(rsi) < 0 and rsi <= RSIDivOSLevel ? rsi[2] : na
+
+RSIHigh_prev  = valuewhen(RSIFractal_top, rsi[2], 0)[2]
+RSIHigh_price = valuewhen(RSIFractal_top, high[2], 0)[2]
+RSILow_prev  = valuewhen(RSIFractal_bot, rsi[2], 0)[2]
+RSILow_price  = valuewhen(RSIFractal_bot, low[2], 0)[2]
+
+bearRSISignal = RSIFractal_top and high[2] > RSIHigh_price and rsi[2] < RSIHigh_prev
+bullRSISignal = RSIFractal_bot and low[2] < RSILow_price and rsi[2] > RSILow_prev
+
+RSICol1 = bearRSISignal ? #ff0000: na
+RSICol2 = bullRSISignal ? #00FF00EB : na
+
+// Small Circles WT Cross
+signalColor = wt2 - wt1 > 0 ? color.red : color.lime
+
+// Buy signal.
+buySignal = WTCross and WTCrossUp and WTOverSold
+divBuySignal = WTCross_last and WTCrossUp_last and ((WTShowDiv ? bullWTSignal : false) or (RSIShowDiv ? bullRSISignal : false))
+buySignalColor = buySignal ? color.new(colorGreen, 65) :  na
+
+// Sell signal
+sellSignal = WTCross and WTCrossDown and WTOverBought
+divSellSignal = WTCross_last and WTCrossDown_last and (bearWTSignal)
+sellSignalColor = sellSignal ? color.new(colorRed, 65) : na
+
+// Gold Buy
+plotWTGoldBuy = WTCrossUp_last and WTGoldBuy
+
+// } CALCULATE INDICATORS
+
+
+// DRAW {
+
+// 0 Line
+plot(0, title="0 Line", color=color.gray)
+
+// Draw Overbought & Oversold lines
+plot(obLevel, title="Over Bought Level 1", color=color.gray, linewidth=2, style=plot.style_stepline, transp=15)
+plot(obLevel2, title="Over Bought Level 2", color=color.gray, style=plot.style_cross, transp=60)
+plot(osLevel, title="Over Sold Level 1", color=color.gray, linewidth=2, style=plot.style_stepline, transp=15)
+plot(osLevel2, title="Over Sold Level 2", color=color.gray, style=plot.style_cross, transp=60)
+
+// Divergences
+plot(series = WTFractal_top and WTShowDiv ? wt2[2] : na, title='WT Bearish Divergence', color=WTCol1, linewidth=2, transp=65, offset=-2)
+plot(series = WTFractal_bot and WTShowDiv ? wt2[2] : na, title='WT Bullish Divergence', color=WTCol2, linewidth=2, transp=65, offset=-2)
+plot(series = RSIFractal_top and RSIShowDiv ? rsi[2] : na, title='RSI Bearish Divergence', color=RSICol1, linewidth=1, transp=65, offset=-2)
+plot(series = RSIFractal_bot and RSIShowDiv? rsi[2] : na, title='RSI Bullish Divergence', color=RSICol2, linewidth=1, transp=65, offset=-2)
+
+// RSI
+plot(rsi, title="RSI", color=rsiColor, linewidth=1, transp=35)
+
+// RSI + MFI AREA
+RSIMFIplot = plot(MVC, title="RSI+MFI Area", color=color_area, transp=35)
+fill(RSIMFIplot, plot(0), color_area, transp=45)
+
+// RSI + MFI BAR
+rsimfiBarTopLine = plot(-95, title="RSI+MFI Bar TOP Line", color=color.black, transp=100)
+rsimfiBarBottomLine = plot(-105, title="RSI+MFI Bar BOTTOM Line", color=color.
+
+Enoch, [14.10.19 19:45]
+black, transp=100)
+fill(rsimfiBarTopLine, rsimfiBarBottomLine, color=color_area, transp=65)
+
+// WT Area 1
+plot(wt1, style=plot.style_area, title="WT Wave 1", color=colorWT1, transp=0)
+// WT Area 2
+plot(wt2, style=plot.style_area, title="WT Wave 2", color=colorWT2, transp=10)
+
+// VWAP
+plot(vwap_area, title="VWAP", color=color.yellow, style=plot.style_area, transp=35)
+
+// Circles
+plot(WTCross ? wt2 : na, title="Buy and sell signals", color=signalColor, style=plot.style_circles, linewidth=3, transp=35) // Small circles
+
+plotshape(buySignal ? -100 : na, title="Big buy signal", color=buySignalColor, style=shape.circle, location=location.absolute, size=size.tiny) // Big green circle, oversold
+
+plotshape(divBuySignal ? -120 : na, title="Big buy signal", color=colorPurple, style=shape.triangleup, offset=-2, location=location.absolute, size=size.tiny) // Big purple triangle, bullish divergence
+plotshape(divBuySignal ? -100 : na, title="Divergence buy signal", color=color.new(colorGreen, 0), style=shape.circle, offset=-2, location=location.absolute, size=size.tiny) // Big green circle divergence, bullish divergence
+
+plotshape(plotWTGoldBuy ? -100 : na, title="Big short signal", color=color.orange, style=shape.circle, transp=25, offset=-2, location=location.absolute, size=size.tiny)
+
+plotshape(sellSignal ? 100 : na, title="Big short signal", color=sellSignalColor, style=shape.circle, location=location.absolute, size=size.tiny) // Big green circle, overbought
+plotshape(divSellSignal ? 120 : na, title="Big short signal", color=colorPurple, style=shape.triangledown, offset=-2, location=location.absolute, size=size.tiny) // Big purple circle, bearish divergence
+plotshape(divSellSignal ? 100 : na, title="Divergence short signal", color=color.new(colorRed, 0), style=shape.circle, offset=-2, location=location.absolute, size=size.tiny) // Big purple circle, bearish divergence
+
+// } DRAW
+
+// ALERTS {
+
+// BUY
+alertcondition(buySignal != 0, "Buy Signal (Big green circle)", "Green circle WaveTrend Oversold")
+alertcondition(divBuySignal != 0, "Buy Signal (Big green circle + Div)", "Buy signal & WT Bullish Divergence & WT Overbought ")
+alertcondition(plotWTGoldBuy != 0, "GOLD Buy Signal (Big GOLDEN circle)", "Green & GOLD circle WaveTrend Overbought")
+
+// SELL
+alertcondition(sellSignal != 0, "Sell Signal (Big red circle)", "Red Circle WaveTrend Overbought")
+alertcondition(divSellSignal != 0, "Sell Signal (Big red circle + Div)", "Buy signal & WT Bearish Divergence & WT Overbought ")
+// }