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Coral indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3522
Forum: 17 · Topic 3522 · 7 post(s)


Coral indicator

Alexander.Gettinger · Thu Feb 24, 2011 5:04 am

This indicator was required: viewtopic.php?f=27&t=3476&p=8340#p8340

Formulas: Coral[i]=-0.064Buff6[i]+0.672Buff5[i]-2.352Buff4[i]+2.744Buff3[i], where Buff6[i]=CoeffBuff5[i]+(1-Coeff)Buff6[i-1], Buff5[i]=CoeffBuff4[i]+(1-Coeff)Buff5[i-1], Buff4[i]=CoeffBuff3[i]+(1-Coeff)Buff4[i-1], Buff3[i]=CoeffBuff2[i]+(1-Coeff)Buff3[i-1], Buff2[i]=CoeffBuff1[i]+(1-Coeff)Buff2[i-1], Buff1[i]=CoeffPrice+(1-Coeff)Buff1[i-1].

Coral.png

Download:

Coral.lua

The indicator was revised and updated


Re: Coral indicator

braumann · Sat Oct 13, 2012 4:33 pm

Could you change the color of CORAL when he go up(green) and down(red) please ?

Thank you !


Re: Coral indicator

Apprentice · Sun Oct 14, 2012 6:42 am

Color Option Added.


Re: Coral indicator

braumann · Sun Oct 14, 2012 9:08 am

Thanks


Re: Coral indicator

cigarguy · Sat Feb 02, 2013 12:10 pm

Apprentice, I realize that this indi has been completed for some time, but compared this coral to the THV coral on their thread using different time frames and noticed the THV coral is somewhat faster and gives signals faster. I know nothing about codes, but curious if you could explain how they differ? and is their a method for the user to input different paremeters to be similar to the THV coral? Thanks for your great work and indicators.

Larry aka Cigarguy


Re: Coral indicator

Apprentice · Mon Feb 04, 2013 5:59 am

I can not find the “other” version, which you mention, can you post the link where it can be found.


Re: Coral indicator

Apprentice · Mon May 01, 2017 5:42 am

Indicator was revised and updated.