Dynamic zone elasticity

• 11/12/2020 at 4:56 PM #150311
  Monochrome

  https://www.prorealcode.com/prorealtime-indicators/dynamic-zone-elasticity/

  I cant seem to make this work in prooder.

  //DYNAMIC ZONE ELASTICITY/// once smoothing = max(1, smoothing+1) once period = max(1, Period) // Coeficient, change if required once coef = 0.8 // Signal line x = std[Period](close) signam = 1 + (-1* ( ((average[period](close) + (x*2)) - close) / x ) / 2) // Dynamic Zones sq = square(signam) mean = average[period](signam) vsqrt = sqrt( average[period](sq) - square(mean) ) //top = mean + coef * vsqrt btm = mean - coef * vsqrt result = average[smoothing](signam) //////////////////////////////////// buycond = result crosses over btm if buycond then buy 1 contract at market set stop %loss 1 set target %profit 1 endif graph buycond

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  //DYNAMIC ZONE ELASTICITY/// once smoothing = max(1, smoothing+1) once period = max(1, Period)   // Coeficient, change if required once coef = 0.8   // Signal line x = std[Period](close) signam = 1 + (-1* ( ((average[period](close) + (x*2)) - close) / x ) / 2)   // Dynamic Zones sq    = square(signam) mean  = average[period](signam) vsqrt = sqrt( average[period](sq) - square(mean) )   //top = mean + coef * vsqrt btm = mean - coef * vsqrt   result = average[smoothing](signam) ////////////////////////////////////   buycond = result crosses over btm   if  buycond  then buy 1 contract at market set stop %loss 1 set target %profit 1 endif   graph buycond

  Please can someone tell me what im missing?

  Thanks in advance

   

  

  Monochrome

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  11/12/2020 at 5:06 PM #150316
  Monochrome

  Found it. I copied from the indicator settings and missed the period and smoothing.

  I still want to discuss this indicator since i cant find a forum post about it.

  It seems great for scalping. Maybe needs another indicator for confirmation.

  If i find something that works ill post it here.

  2 users thanked author for this post.

  nonetheless, GraHal

  

  Monochrome

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