Help on converting : Bias indicator

• 07/19/2020 at 4:04 PM #139618
  BITE1437

  May I seek your assistance in converting the following tradingview code to proreal code?

   

  study(“Basic BIAS”, shorttitle = “BIAS”)

  n = input(title=”Basic guides line”, type=input.integer, defval=120)

  //Basic guides can be replaced with other guides
  basic_line = ema(close,n)
  bias = (close – basic_line) / basic_line * 100

  plot(bias,color=#1589F5,style = plot.style_stepline, transp=0)
  hline(0,title = “Zero”, color=#0F001A)

   

   

  Thanks indeed.

  

  BITE1437

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  07/20/2020 at 9:42 AM #139662
  Nicolas

  It is the normalized distance of the current price related to an EMA, here is the Prorealtime code:

  n=120 //period basic_line = average[n,1](close) bias = (close – basic_line) / basic_line * 100 return bias

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  n=120 //period   basic_line = average[n,1](close) bias = (close – basic_line) / basic_line * 100   return bias

   

  

  Nicolas

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  07/20/2020 at 3:15 PM #139690
  BITE1437

  Thanks Nicolas. Always helpful.

  

  BITE1437

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