Conversion of Pine Script WT Oscillator

• 10/13/2021 at 1:12 PM #179580
  DavidMClarke1974

  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

  

  DavidMClarke1974

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  10/13/2021 at 2:34 PM #179588
  Nicolas

  Same indicator as: https://www.prorealcode.com/prorealtime-indicators/wave-trend-oscillator/

  but with different colors.

   

  

  Nicolas

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  10/13/2021 at 3:03 PM #179590
  DavidMClarke1974

  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

  

  DavidMClarke1974

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  10/13/2021 at 4:10 PM #179611
  Nicolas

  Of course that’s possible and you will gain your monthly fee of TV thanks to my free coding. Just wait a couple of hours and you’ll get your indicator for free.

  

  Nicolas

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  10/13/2021 at 4:36 PM #179615
  Nicolas

  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"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63

  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"

  

  Nicolas

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  10/13/2021 at 5:48 PM #179621
  DavidMClarke1974

  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.

   

  

  DavidMClarke1974

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  10/14/2021 at 8:55 AM #179645
  Nicolas

  I published a more complete version with the settings available in the window, you can download now from the library: Wave Trend Oscillator

  

  Nicolas

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