Conversion of Pine Script WT Oscillator
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Hi guys
I am looking for some assistance in converting a pine script code of a WaveTrend Oscillator into Prorealtime. I have had a go myself, but to be fair have made a complete hash of it.
I have attached the script and an image of the output.
Many thanks in advance for the assistance and happy trading.
Dave
Hi Nicolas
Thanks for getting back to me so quickly, but I had already looked at the oscillator you have suggested, and unfortunately it’s much closer to a rehash of a Stochastic Momentum than it is the Wave Trend Oscillator I am looking for – I have attached a couple of screen shots for you to see.
I appreciate that you are converting code for free, and do not want to take advantage, but If it is not possible to replicate the indicator i am looking for, then please do tell me and I will continue with my Tradingview subscription instead.
Many Thanks
Dave
Ok here it is, I hope you dont mind I did not code color gradient of the curves? Do you need also candle coloring like in the original code, your screenshot is only about the oscillator though ..
src = medianprice //WTO PLOT ONE channellen = 8 //Channel Length averagelen = 6 //Average Length wt1malen = 3 //Moving Average Length esa = average[channellen,1](src) d = average[channellen,1](abs(src - esa)) ci = (src - esa) / (0.015 * d) tci = average[averagelen,1](ci) wt1 = tci wt1ma = average[wt1malen](wt1) //COLOR INPUTS //wt_1_up = input(#ff9800, title="High", inline="wt 1 color", group="Primary Wavetrend Inputs") //wt_1_down = input(#2962ff, title="Low", inline="wt 1 color", group="Primary Wavetrend Inputs") //wt_1_color = color.from_gradient(wt_1, -80, 80, wt_1_down, wt_1_up) //plot(wt_1, color=wt_1_color, title="Primary Wavetrend") //WTO PLOT TWO channellen2 = 13 //Channel Length averagelen2 = 55 //Average Length esa2 = average[channellen2,1](src) d2 = average[channellen2,1](abs(src - esa2)) ci2 = (src - esa2) / (0.015 * d2) tci2 = average[averagelen2,1](ci2) wt2 = tci2 ////MOMENTUM CHANGE & BACKGROUND COLORS //PRIMARY WTO & SECONDARY WTO momchangelong1 = wt1 crosses over 0 momchangeshort1 = wt1 crosses under 0 momchangelong2 = wt2 crosses over 0 momchangeshort2 = wt2 crosses under 0 if momchangelong1 then backgroundcolor(0,0,255,85) elsif momchangeshort1 then backgroundcolor(255,0,0,85) endif if momchangelong2 then backgroundcolor(0,0,255,85) elsif momchangeshort2 then backgroundcolor(255,0,0,85) endif //MOVING AVERAGE CROSS SIGNALS ON PRIMARY WAVETREND if wt1 crosses over wt1ma then drawtext("●",barindex,-80,dialog,bold,16) coloured(0,0,255) elsif wt1 crosses under wt1ma then drawtext("●",barindex,80,dialog,bold,16) coloured(255,0,0) endif if islastbarupdate then drawrectangle(0,60,barindex,80) coloured(239, 83, 80,85) bordercolor(0,0,0,0) drawrectangle(0,-60,barindex,-80) coloured(33, 150, 243,85) bordercolor(0,0,0,0) endif return wt1 as "Primary Wavetrend", wt2 as "Secondary Wavetrend", 0 coloured(120, 123, 134) style(dottedline) as "median", 40 coloured(120, 123, 134) style(dottedline) as "40", 20 coloured(120, 123, 134) style(dottedline) as "20", -40 coloured(120, 123, 134) style(dottedline) as "-40", -20 coloured(120, 123, 134) style(dottedline) as "-20", 80 coloured(239, 83, 80) style(dottedline) as "80", 60 coloured(239, 83, 80) style(dottedline) as "60",-80 coloured(33, 150, 243) style(dottedline) as "-80", -60 coloured(33, 150, 243) style(dottedline) as "-60"Hi Nicolas
It is looking very close to being spot on, and is close enough for me to work with – thank you very much.
What code would I need to add to make the different elements editable within the settings pop up of the indicator – for example Channel Length = x (i’ve attached a couple of images for explanation)
Again, many thanks.
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Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 10/13/2021 |
| Status: | Active |
| Attachments: | 8 files |