HyperTrend translate from Tradingview

LucasBest · 2023-08-09T11:43:16+00:00

Hello, i tried to translate the code of this Tradingview script but i don’t understand why it does not work… Maybe it’s because i don’t know tradingview language ? 🙂 https://www.tradingview.com/script/Bcufg8oX-HyperTrend-LuxAlgo/ // This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) https://creativecommons.org/licenses/by-nc-sa/4.0/ // © LuxAlgo //@version=5 indicator(“HyperTrend [LuxAlgo]”, “LuxAlgo – HyperTrend”, overlay = true) //—————————————————————————— //Settings //—————————————————————————–{ mult = input.float(5, ‘Multiplicative Factor’, minval = 0) slope = input.float(14, ‘Slope’, minval = 0) width = input.float(80, ‘Width %’, minval = 0, maxval = 100) / 100 //Style bullCss = input.color(color.teal, ‘Average Color’, inline = ‘avg’, group = ‘Style’) bearCss = input.color(color.red, ” , inline = ‘avg’, group = ‘Style’) area = input.string(‘Gradient’, ‘Area’, options = [‘Gradient’, ‘Solid’], group = ‘Style’) upperCss = input.color(color.new(color.red, 70), ‘Upper Area’, group = ‘Style’) lowerCss = input.color(color.new(color.teal, 70) , ‘Lower Area’, group = ‘Style’) //—————————————————————————–} //Calculation //—————————————————————————–{ var float upper = na var float lower = na var float avg = close var hold = 0. var os = 1. atr = nz(ta.atr(200)) * mult avg:=math.abs(close-avg)>atr? math.avg(close, avg) : avg + os * (hold / mult / slope) os := math.sign(avg – avg[1]) hold := os != os[1] ? atr : hold upper := avg + width * hold lower := avg – width * hold //—————————————————————————–} //Plots //—————————————————————————–{ css = os == 1 ? bullCss : bearCss plot_upper = plot(upper, ‘Upper’, na) plot_avg = plot(avg, ‘Average’, os != os[1] ? na : css) plot_lower = plot(lower, ‘Lower’, na) var color upper_topcol = na var color upper_btmcol = na var color lower_topcol = na var color lower_btmcol = na //Fill if area == ‘Gradient’ upper_topcol := upperCss upper_btmcol := color.new(chart.bg_color, 100) lower_topcol := color.new(chart.bg_color, 100) lower_btmcol := lowerCss else upper_topcol := upperCss upper_btmcol := upperCss lower_topcol := lowerCss lower_btmcol := lowerCss //Upper Area fill(plot_upper, plot_avg , top_color = os != os[1] ? na : upper_topcol , bottom_color = os != os[1] ? na : upper_btmcol , top_value = upper , bottom_value = avg) //Lower Area fill(plot_avg, plot_lower , top_color = os != os[1] ? na : lower_topcol , bottom_color = os != os[1] ? na : lower_btmcol , top_value = avg , bottom_value = lower) //—————————————————————————–} //////////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////////// So here’s my prorealcode version once avg = close once hold = 0 once os = 1 once rR = 220 once gR = 20 once bR = 60 once rV = 60 once gV = 179 once bV = 113 atr = AverageTrueRange[200] * mult If abs(close – avg) > atr then avg = (close+avg)/2 else avg = avg + os * (hold / mult / slope) endif os = sgn(avg – avg[1]) If os <> os[1] then hold = atr else hold = hold[1] endif upper = avg + width*hold lower = avg – width*hold If os = 1 then r = rV g = gV b = bV else r = rR g = gR b = bR endif DRAWSEGMENT(barindex-1,avg[1],barindex,avg) COLOURED(r,g,b,255) DRAWSEGMENT(barindex-1,upper[1],barindex,upper) COLOURED(rR,gR,bR,100) DRAWSEGMENT(barindex-1,lower[1],barindex,lower) COLOURED(rV,gV,bV,100) Return Any help on how to find my mistake(s) would be appreciate Thanks

Viewing 15 posts - 1 through 15 (of 31 total)

1 2 3 →

Author

Posts
08/09/2023 at 12:43 PM #218824 quote

LucasBest
Participant

Senior

Hello, i tried to translate the code of this Tradingview script but i don’t understand why it does not work… Maybe it’s because i don’t know tradingview language ? 🙂 https://www.tradingview.com/script/Bcufg8oX-HyperTrend-LuxAlgo/

// This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) https://creativecommons.org/licenses/by-nc-sa/4.0/

// © LuxAlgo

//@version=5

indicator(“HyperTrend [LuxAlgo]”, “LuxAlgo – HyperTrend”, overlay = true)

//——————————————————————————

//Settings

//—————————————————————————–{

mult = input.float(5, ‘Multiplicative Factor’, minval = 0)

slope = input.float(14, ‘Slope’, minval = 0)

width = input.float(80, ‘Width %’, minval = 0, maxval = 100) / 100

//Style

bullCss = input.color(color.teal, ‘Average Color’, inline = ‘avg’, group = ‘Style’)

bearCss = input.color(color.red, ” , inline = ‘avg’, group = ‘Style’)

area = input.string(‘Gradient’, ‘Area’, options = [‘Gradient’, ‘Solid’], group = ‘Style’)

upperCss = input.color(color.new(color.red, 70), ‘Upper Area’, group = ‘Style’)

lowerCss = input.color(color.new(color.teal, 70) , ‘Lower Area’, group = ‘Style’)

//—————————————————————————–}

//Calculation

//—————————————————————————–{

var float upper = na

var float lower = na

var float avg = close

var hold = 0.

var os = 1.

atr = nz(ta.atr(200)) * mult

avg:=math.abs(close-avg)>atr?

math.avg(close, avg)

: avg + os * (hold / mult / slope)

os := math.sign(avg – avg[1])

hold := os != os[1] ? atr : hold

upper := avg + width * hold

lower := avg – width * hold

//—————————————————————————–}

//Plots

//—————————————————————————–{

css = os == 1 ? bullCss : bearCss

plot_upper = plot(upper, ‘Upper’, na)

plot_avg = plot(avg, ‘Average’, os != os[1] ? na : css)

plot_lower = plot(lower, ‘Lower’, na)

var color upper_topcol = na

var color upper_btmcol = na

var color lower_topcol = na

var color lower_btmcol = na

//Fill

if area == ‘Gradient’

upper_topcol := upperCss

upper_btmcol := color.new(chart.bg_color, 100)

lower_topcol := color.new(chart.bg_color, 100)

lower_btmcol := lowerCss

else

upper_topcol := upperCss

upper_btmcol := upperCss

lower_topcol := lowerCss

lower_btmcol := lowerCss

//Upper Area

fill(plot_upper, plot_avg

, top_color = os != os[1] ? na : upper_topcol

, bottom_color = os != os[1] ? na : upper_btmcol

, top_value = upper

, bottom_value = avg)

//Lower Area

fill(plot_avg, plot_lower

, top_color = os != os[1] ? na : lower_topcol

, bottom_color = os != os[1] ? na : lower_btmcol

, top_value = avg

, bottom_value = lower)

//—————————————————————————–}

////////////////////////////////////////////////////////////////

////////////////////////////////////////////////////////////////

So here’s my prorealcode version

once avg = close once hold = 0 once os = 1 once rR = 220 once gR = 20 once bR = 60 once rV = 60 once gV = 179 once bV = 113 atr = AverageTrueRange[200] * mult If abs(close – avg) > atr then avg = (close+avg)/2 else avg = avg + os * (hold / mult / slope) endif os = sgn(avg – avg[1]) If os <> os[1] then hold = atr else hold = hold[1] endif upper = avg + width*hold lower = avg – width*hold If os = 1 then r = rV g = gV b = bV else r = rR g = gR b = bR endif DRAWSEGMENT(barindex-1,avg[1],barindex,avg) COLOURED(r,g,b,255) DRAWSEGMENT(barindex-1,upper[1],barindex,upper) COLOURED(rR,gR,bR,100) DRAWSEGMENT(barindex-1,lower[1],barindex,lower) COLOURED(rV,gV,bV,100) Return Any help on how to find my mistake(s) would be appreciate Thanks

08/09/2023 at 12:55 PM #218825 quote

Nicolas
Keymaster

Legend

In any case, when querying about a code translation, please add at list a description and pictures of the code to be converted. Thank you!!

08/09/2023 at 12:59 PM #218828 quote

LucasBest
Participant

Senior

Here’s the description and a picture of the beast 🙂 The HyperTrend indicator aims to provide a real-time estimate of an underlying linear trend in the price. Support and resistance extremities are constructed from this estimate which can provide trade opportunities within the overall trend. Most tools that return lines on a chart are either subject to backpainting or repainting. We aimed to provide a reliable real-time method to estimate linear trends in the price, enhancing traders’ decision making processes when it comes to trading trends in price, hence the term ‘HyperTrend’.
Capture-decran-2023-08-09-135835.jpg

08/10/2023 at 5:22 PM #218915 quote

JS
Participant

Master

Hi, I tried to convert the indicator to PRT but I get stuck on this section: avg := math.abs(close – avg) > atr ? math.avg(close, avg) : avg + os * (hold / mult / slope) Maybe someone else can convert this section…?

08/10/2023 at 11:11 PM #218920 quote

LucasBest
Participant

Senior

From what i understood with this : https://fr.tradingview.com/pine-script-reference/v5/#fun_ta.valuewhen the section should be converted like this : If abs(close – avg) > atr then avg = (close+avg)/2 else avg = avg + os * (hold / mult / slope) endif But i am not sure about the 2 “/”, because hold/mult/slope = (hold*slope)/mult So avg would be equel to : avg = avg + (os*hold*slope) / mult Unless the 2 “/” mean anything else… ?

08/10/2023 at 11:45 PM #218921 quote
JS
Participant

Master
That was also my first thoughts, but the result/graph is wrong…

Math.avg(close, avg) I think is about average of series (arrays)…

I tried it like this and then something is plotted (currently without colors and fillings) but I can’t reproduce the original band…
```
// Indicator settings
mult=5 //Multiplicative Factor (Min.Value=0)
slope=14 //Slope (Min.Value=0)
width=80/100 //Width % (Min.Value=0 Max.Value=100)
Once upper=Undefined
Once lower=Undefined
Once avg=Close
Once hold=0
Once os=1

// Calculation
If BarIndex>1 then
atr=AverageTrueRange[200](close)*mult
AvgClose=Average[BarIndex](Close)
Avg=Average[BarIndex](AvgClose)
if abs(AvgClose-avg)>atr then
avg=(AvgClose+avg)/2
else
avg=avg+os*(hold/mult/slope)
EndIf
EndIf

If (avg-avg[1])>0 then
os=1
elsIf (avg-avg[1])<0 then
os=-1
Else
os=0
EndIf

If os <> os[1] then
hold=atr
else
hold=hold
EndIf

upper = avg + width * hold
lower = avg - width * hold

// Plotting
Return avg as "avg",upper as "Upper", avg as "Average", lower as "Lower"
```
Schermafbeelding-2023-08-11-om-00.45.14.png
08/11/2023 at 8:31 AM #218926 quote
LucasBest
Participant

Senior
```
once avg = close
once hold = 0
once os = 1
once rR = 220
once gR = 20
once bR = 60
once rV = 60
once gV = 179
once bV = 113

if barindex > 200 then
atr = AverageTrueRange[200] * mult


If abs(close - avg) > atr then
avgN = (close+avg)/2
avg = avgN
else
avgN = avg + (os*hold*slope)/mult
avg = avgN
endif

os = sgn(avg - avg[1])

If os <> os[1] then
hold = atr
else
hold = hold[1]
endif

upper = avg + width*hold/100
lower = avg - width*hold/100

If os = 1 then
r = rV
g = gV
b = bV
else
r = rR
g = gR
b = bR
endif

DRAWSEGMENT(barindex-1,avg[1],barindex,avg) COLOURED(r,g,b,255)
DRAWSEGMENT(barindex-1,upper[1],barindex,upper) COLOURED(rR,gR,bR,100)
DRAWSEGMENT(barindex-1,lower[1],barindex,lower) COLOURED(rV,gV,bV,100)
endif

Return
```
I have something too… Need something more but it is close
08/15/2023 at 5:34 PM #219114 quote
LucasBest
Participant

Senior
```
once avg = close
once hold = 0
once os = 1
once rR = 220
once gR = 20
once bR = 60
once rV = 60
once gV = 179
once bV = 113

if barindex > 200 then
atr = AverageTrueRange[200] * mult


If abs(close - avg) > atr then
avg = (close+avg)/2
//avg = avgN
else
avg = avg + os*(hold/mult/slope)
//avg = avgN
endif

os = sgn(avg - avg[1])

If os <> os[1] then
hold = atr
else
hold = hold[1]
endif

upper = avg + width*hold/100
lower = avg - width*hold/100

If os = 1 then
r = rV
g = gV
b = bV
else
r = rR
g = gR
b = bR
endif

DRAWSEGMENT(barindex-1,avg[1],barindex,avg) COLOURED(r,g,b,255)
DRAWSEGMENT(barindex-1,upper[1],barindex,upper) COLOURED(rR,gR,bR,100)
DRAWSEGMENT(barindex-1,lower[1],barindex,lower) COLOURED(rV,gV,bV,100)
endif

Return
```
It is working now
08/15/2023 at 6:04 PM #219115 quote
LucasBest
Participant

Senior
And with colorbetween…
```
once avg = close
once hold = 0
once os = 1
once rR = 220
once gR = 20
once bR = 60
once rV = 60
once gV = 179
once bV = 113

if barindex > 200 then
atr = AverageTrueRange[200] * mult


If abs(close - avg) > atr then
avg = (close+avg)/2
//avg = avgN
else
avg = avg + os*(hold/mult/slope)
//avg = avgN
endif

os = sgn(avg - avg[1])

If os <> os[1] then
hold = atr
else
hold = hold[1]
endif

upper = avg + width*hold/100
lower = avg - width*hold/100

If os = 1 then
r = rV
g = gV
b = bV
else
r = rR
g = gR
b = bR
endif

DRAWSEGMENT(barindex-1,avg[1],barindex,avg) COLOURED(r,g,b,255)style(line,3)
DRAWSEGMENT(barindex-1,upper[1],barindex,upper) COLOURED(rR,gR,bR,100)style(line,1)
DRAWSEGMENT(barindex-1,lower[1],barindex,lower) COLOURED(rV,gV,bV,100)style(line,1)
ColorBetween(avg,upper,rR,gR,bR,30)
ColorBetween(avg,lower,rV,gV,bV,30)

endif

Return
```
Picture is DAX today, 5 min timeframe, with 3 as mult, 14 for slope and 85 for width
jacquesgermain thanked this post

Capture-decran-2023-08-15-190048.png
08/15/2023 at 6:10 PM #219117 quote

LucasBest
Participant

Senior

I don’t know how to post it in the Library though… Or maybe i don’t have the rights to do it ?
HyperTrend.itf

08/15/2023 at 6:42 PM #219121 quote

JS
Participant

Master

Good work @LucasBest

Yes, you can place it in the library and before the final placement it will first be reviewed…

Required for placement:

Description of the indicator

Code

Screenshot

Itf.file

08/15/2023 at 7:01 PM #219122 quote

JC_Bywan
Moderator

Master

Hello, this is how to submit to library: https://www.prorealcode.com/share-prorealtime-code/

08/15/2023 at 7:03 PM #219123 quote

LucasBest
Participant

Senior

JS wrote:
Good work @LucasBest Yes, you can place it in the library and before the final placement it will first be reviewed… Required for placement: Description of the indicator Code Screenshot Itf.file
Thank you but it seems that i can’t post on the library… When i click on “add my code”, i have the popup with the “Share my code into the website library”, but then when i click on it, it make me return to the home page… Maybe i have to delete cookies or something else ?! There is a bug.
Capture-decran-2023-08-15-195101.jpg Capture-decran-2023-08-15-195127.jpg Capture-decran-2023-08-15-195158.jpg

08/15/2023 at 7:08 PM #219127 quote

LucasBest
Participant

Senior

JC_Bywan wrote:
Hello, this is how to submit to library: https://www.prorealcode.com/share-prorealtime-code/
I have same issue as previously reported… Anyway, Can anyone post it for me ? Thanks You have the description here below : The HyperTrend indicator aims to provide a real-time estimate of an underlying linear trend in the price. Support and resistance extremities are constructed from this estimate which can provide trade opportunities within the overall trend. Most tools that return lines on a chart are either subject to backpainting or repainting. We aimed to provide a reliable real-time method to estimate linear trends in the price, enhancing traders’ decision making processes when it comes to trading trends in price, hence the term ‘HyperTrend’. Users can use the HyperTrend to easily determine the trend direction in the price, with an average sloping upward indicating an uptrend, and an average sloping downward indicating a downtrend. The channels upper extremity can act as a resistance, while the lower extremity can act as a support. Contact with candle wicks can signal timely reversals/retracements Using a higher “Multiplicative Factor” value will return less frequent new channels, and is suitable to analyze longer-term trends. The slope settings on the other end allow us to control the slope of the returned channels, with higher values returning flatter results (similar to our previously posted predictive ranges).

08/16/2023 at 8:01 AM #219139 quote

Nicolas
Keymaster

Legend

Thank you very much for helping me with the code conversions, it helps the community a lot! Bravo for your work 🙂 For your information, here is the (non-exhaustive) list of conversions in progress: https://docs.google.com/spreadsheets/d/1x-GJwezHPpQwqy1qBj6ygf2nx160f1aLgtQWflMO1_U/edit?usp=sharing I will correct the Library code sharing problem.
Author

Posts