Help converting “Trend Follower” Indicator from Trading View

• 05/29/2021 at 1:14 PM #170733
  denmar

  Hello

  I would appreciate it if the following indicator could be converted to ProRealTime (fig. 1).

  It allows one to determine both trend direction and strength based on a novel concept (see fig. 2).

  By adjusting the parameters one can also filter out congestion areas (fig. 3).

  Thank you

  Denmar

  // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © LonesomeTheBlue //@version=4 study("Trend Follower", precision=0) matype= input('EMA', title = "MA Type", options =['EMA', 'SMA', 'RMA', 'WMA', 'VWMA']) prd = input(20, title = "Period to Check Trend", minval = 5) maprd = input(20, title = "MA Period", minval = 2) rateinp = input(1, title = "Trend Channel Rate %", minval = 0.1, step = 0.1) ulinreg = input(true, title = "Use Linear Regression") linprd = input(5, title = "Linear Regression Period", minval = 2) rate = rateinp / 100 pricerange = highest(300) - lowest(300) chan = pricerange * rate gettrend(len)=> masrc = matype == 'EMA' ? ema(close, len) : matype == 'RMA' ? rma(close, len) : matype == 'VWMA' ? vwma(close, len) : matype == 'WMA' ? wma(close, len) : sma(close, len) ma = ulinreg ? linreg(masrc, linprd, 0) : masrc hh = highest(ma, prd) ll = lowest(ma, prd) diff = abs(hh - ll) trend = iff(diff > chan, iff(ma > ll + chan, 1, iff(ma < hh - chan, -1, 0)), 0) _ret = trend * diff / chan _ret trend = gettrend(maprd) tcol = trend > 0 ? change(trend) > 0 ? #00FF00ff : change(trend) <= 0 ? #00FF006f : #00FF00af : trend < 0 ? change(trend) < 0 ? #FF0000ff: change(trend) >= 0 ? #FF00006f : #FF0000af : na plot(trend, color = tcol, style = plot.style_columns) alertcondition(trend > 0, title = 'Trend is UP', message = 'Trend is UP') alertcondition(trend < 0, title = 'Trend is DOWN', message = 'Trend is DOWN') alertcondition(trend == 0, title = 'NO TREND', message = 'NO TREND')

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  // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © LonesomeTheBlue   //@version=4 study("Trend Follower", precision=0) matype= input('EMA', title = "MA Type", options =['EMA', 'SMA', 'RMA', 'WMA', 'VWMA']) prd = input(20, title = "Period to Check Trend", minval = 5) maprd = input(20, title = "MA Period", minval = 2) rateinp = input(1, title = "Trend Channel Rate %", minval = 0.1, step = 0.1) ulinreg = input(true, title = "Use Linear Regression") linprd = input(5, title = "Linear Regression Period", minval = 2)   rate = rateinp / 100 pricerange = highest(300) - lowest(300) chan = pricerange * rate      gettrend(len)=>     masrc = matype == 'EMA' ? ema(close, len) : matype == 'RMA' ? rma(close, len) : matype == 'VWMA' ? vwma(close, len) : matype == 'WMA' ? wma(close, len) : sma(close, len)     ma = ulinreg ? linreg(masrc, linprd, 0) : masrc          hh = highest(ma, prd)     ll = lowest(ma, prd)     diff = abs(hh - ll)          trend = iff(diff > chan, iff(ma > ll + chan, 1, iff(ma < hh - chan, -1, 0)), 0)     _ret = trend * diff / chan     _ret   trend = gettrend(maprd)   tcol =  trend > 0 ? change(trend) > 0 ? #00FF00ff : change(trend) <= 0 ? #00FF006f : #00FF00af :    trend < 0 ? change(trend) < 0 ? #FF0000ff: change(trend) >= 0 ? #FF00006f : #FF0000af : na   plot(trend, color = tcol, style = plot.style_columns)   alertcondition(trend > 0, title = 'Trend is UP', message = 'Trend is UP') alertcondition(trend < 0, title = 'Trend is DOWN', message = 'Trend is DOWN') alertcondition(trend == 0, title = 'NO TREND', message = 'NO TREND')

  

  denmar

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  09/20/2021 at 9:21 AM #177940
  denmar

  Good day everyone

  A humble re-request for the conversion of this indicator.

  Thank you

  Denmar

  

  denmar

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  09/27/2021 at 9:15 AM #178528
  robertogozzi

  There you go https://www.prorealcode.com/prorealtime-indicators/trend-follower/

   

  1 user thanked author for this post.

  Midlanddave

  

  robertogozzi

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