JuusoLGL

Smoke And Mirrors

Smoke And Mirrors is an indicator combining few simple but often used indicators to a delightfully visual presentation. Smoke And Mirrors features a generic SMA from where it derives BBands and a Standard Deviation band, and in it's default configuration offers a small timescale Average True Range and also matches the generic SMA against VWAP in an oscillatory fashion. And that's not all! It also has very unique voodoo on top of it all, charting the distance between open and close and the distance between high and low based on the average of open, close, high and low. It's pretty intuitive and while the settings have numerous variables to tweak, they're mostly related to how the colors are displayed so you can set it up to match your current charts colors. The default settings are meant for charts with a normal change of around 1 unit, so if you're charting something that's in it's tens of thousands and varies daily by a 1000 or more, you might want to tone the "rate-of-change" numbers down to all the way to 1. Other than that, it's recommended that you play around with the numbers a little bit so that you know which band represents which indicator.

Don't hesitate to use any or all parts of the indicator in your own scripts! There's a handy hsva function that yields rgb color with transparency based on hue(0-360), saturation (0-1), value (0-1) and alpha (0-1) and plenty of examples on how to utilize it.
Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

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