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//@version=4 | |
study("Fibonacci MA rainbow", overlay=true) | |
period = input(title="MA period", type=input.integer, defval=100) | |
scale = input(title="Period Scale", type=input.integer, defval=1) | |
power = input(title="Fibonacci Scale", type=input.float, defval=1, step=0.1) | |
offset = input(title="Fibonacci Offset", type=input.float, defval=0, step=0.1) | |
smoothing = input(defval="WMA", options=["RMA", "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA"]) | |
almaOffset = input(defval=0.85, minval=0, type=input.float, step=0.05) | |
almaSigma = input(defval=6, minval=0, type=input.float, step=0.5) | |
qma(smoothing, src, length) => | |
if smoothing == "RMA" | |
rma(src, length) | |
else | |
if smoothing == "SMA" | |
sma(src, length) | |
else | |
if smoothing == "EMA" | |
ema(src, length) | |
else | |
if smoothing == "WMA" | |
wma(src, length) | |
else | |
if smoothing == "VWMA" | |
vwma(src, length) | |
else | |
if smoothing == "SMMA" | |
na(src[1]) ? sma(src, length) : (src[1] * (length - 1) + src) / length | |
else | |
if smoothing == "HullMA" | |
wma(2 * wma(src, length / 2) - wma(src, length), round(sqrt(length))) | |
else | |
if smoothing == "LSMA" | |
alma(src, length, almaOffset, almaSigma) | |
else | |
src | |
chartResolution = timeframe.multiplier | |
if timeframe.isdaily | |
chartResolution := 24*60*timeframe.multiplier | |
if timeframe.isweekly | |
chartResolution := 24*60*7*timeframe.multiplier | |
if timeframe.ismonthly | |
chartResolution := 24*60*30*timeframe.multiplier | |
s = power*pow(chartResolution/(24*60),0.5) | |
float a = pow(0.5, s) | |
float b = pow(0.618, s) | |
float c = pow(0.786, s) | |
ma = qma(smoothing, close, period * scale) * (1+offset) | |
ma1 = ma*a | |
ma2 = ma*b | |
ma3 = ma*c | |
ma4 = ma | |
ma5 = ma/c | |
ma6 = ma/b | |
ma7 = ma/a | |
pl1 = plot(ma1, title="MA 1", color=color.fuchsia, linewidth=2) | |
pl2 = plot(ma2, title="MA 2", color=color.blue, linewidth=2) | |
pl3 = plot(ma3, title="MA 3", color=color.aqua, linewidth=2) | |
pl4 = plot(ma4, title="MA 4", color=color.lime, linewidth=2) | |
pl5 = plot(ma5, title="MA 5", color=color.yellow, linewidth=2) | |
pl6 = plot(ma6, title="MA 6", color=color.orange, linewidth=2) | |
pl7 = plot(ma7, title="MA 7", color=color.red, linewidth=2) | |
fill(pl1, pl2, color=color.fuchsia) | |
fill(pl2, pl3, color=color.blue) | |
fill(pl3, pl4, color=color.aqua) | |
fill(pl4, pl5, color=color.yellow) | |
fill(pl5, pl6, color=color.orange) | |
fill(pl6, pl7, color=color.red) | |
plotshape(crossover(high, ma7), title= "Overbought", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.small) | |
plotshape(crossover(high, ma6), title= "Overbought", location=location.abovebar, color=color.orange, style=shape.triangledown, size=size.small) | |
plotshape(crossover(high, ma5), title= "Overbought", location=location.abovebar, color=color.yellow, style=shape.triangledown, size=size.small) | |
plotshape(crossunder(low, ma3), title= "Overbought", location=location.belowbar, color=color.aqua, style=shape.triangleup, size=size.small) | |
plotshape(crossunder(low, ma2), title= "Overbought", location=location.belowbar, color=color.blue, style=shape.triangleup, size=size.small) | |
plotshape(crossunder(low, ma1), title= "Overbought", location=location.belowbar, color=color.fuchsia, style=shape.triangleup, size=size.small) | |
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