Tripple Momentum with Errors

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts

03/19/2024 at 12:55 PM #230021 quote

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

Legend

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

Legend

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

Participant

Master

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"