Tripple Momentum with Errors

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    Posts
  • 03/19/2024 at 12:55 PM #230021 quote
    gatowman
    Participant
    New

    Hi, i wonna code an Tripple Momentum Indi,
    my code is, but i have Errors, pls help
    Regards gatowman

    //@version=4
study("Triple Momentum Indikator", shorttitle="TMI", overlay=true)

// Berechne Momentum 1 (letzter Monat)
mom1 = close / close[1] * 100

// Berechne Momentum 2 (Monate m-1 bis m-3)
mom2 = close / close[3] * 100

// Berechne Momentum 3 (Monate m-3 bis m-6)
mom3 = close / close[6] * 100

// Berechne den Durchschnitt der drei Momenta
avg_momentum = (mom1 + mom2 + mom3) / 3

plot(avg_momentum, color=color.blue, linewidth=2, title="Triple Momentum")
    03/19/2024 at 4:00 PM #230043 quote
    robertogozzi
    Moderator
    Master

    The code is not in the correct language, it requires a conversion.

    Someone might help, sooner or later.

    03/19/2024 at 4:04 PM #230044 quote
    robertogozzi
    Moderator
    Master

    It seems to be an easy translation, try this one:

    //@version=4
//study("Triple Momentum Indikator", shorttitle="TMI", overlay=true)

// Berechne Momentum 1 (letzter Monat)
mom1 = close / close[1] * 100

// Berechne Momentum 2 (Monate m-1 bis m-3)
mom2 = close / close[3] * 100

// Berechne Momentum 3 (Monate m-3 bis m-6)
mom3 = close / close[6] * 100

// Berechne den Durchschnitt der drei Momenta
avgmomentum = (mom1 + mom2 + mom3) / 3
 
return avgmomentum as "Triple Momentum"
    03/19/2024 at 6:02 PM #230061 quote
    JS
    Participant
    Senior

    When I read the accompanying text, I think this is the intention:

    // Berechne Momentum 1 (letzter Monat)
mom1 = close / close[1] * 100
 
// Berechne Momentum 2 (Monate m-1 bis m-3)
mom2 = close[1] / close[3] * 100
 
// Berechne Momentum 3 (Monate m-3 bis m-6)
mom3 = close[3] / close[6] * 100
 
// Berechne den Durchschnitt der drei Momenta
avgmomentum = (mom1 + mom2 + mom3) / 3
 
return avgmomentum as "Triple Momentum"
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Tripple Momentum with Errors


ProBuilder: Indicators & Custom Tools

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gatowman @gatowman Participant
Summary

This topic contains 3 replies,
has 3 voices, and was last updated by JS
1 year, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/19/2024
Status: Active
Attachments: No files
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