OPEN-SOURCE SCRIPT

[MAD] Trigonometric Trend

Updated
This is a Multitimeframe Trendfinder
the basic math comes from alexgrovers
Trigonometric Oscillator

What it does:
30 times with different lengths
both for close and obj

Trendalerts based on direction
both obj and close must meet the
condition

Digital out signal for first analysis,
may upgrade to multibit later
This is a separate hidden plot
"Digitalsignal" which can get feeded
into a x8 Processor as example

Show the field of many as option to see how the avg. lines are built

have fun
Release Notes
cleaned up alarms little bit (filtering middle, only min max aviable for alert)
Release Notes
cleaning up the settings, some tooltips

option for alarm to not require both averages outside the triggerlevels
Release Notes
Standard ©Multibit implementation for my backtestsystem.
i did remove the selectable candle-source as its not really helping much on external indicators and reused the input for the signal daisychaining
you can now combine and daisychain with other indicators like Trigonometric --> L1L2 RSI --> x8 Processor --> Backtest
additional this is the reference implementation for my or others upcoming multibit indicators

Release Notes
libary update
Release Notes
optimized speed by eleminating double calculations
Centered Oscillatorsmultibittrigonometric

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


djmad|Bitblockart

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