Snake

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Snake

Postby Apprentice » Mon Jan 11, 2016 7:54 am

EURUSD m1 (01-11-2016 1317).png

Based on request.
viewtopic.php?f=27&t=63025
Snake.lua
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Re: Snake

Postby Apprentice » Sun Jan 17, 2016 5:11 am

Style option added.
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Re: Snake

Postby Apprentice » Sat Aug 26, 2017 5:11 am

The indicator was revised and updated.
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Re: Snake

Postby robertm1907 » Mon Sep 04, 2017 7:54 pm

Am trying to understand the point of this snake indicator. Is there any formulae or algorithm on an external link. There is a lot of talk about it on the net, but no details on what it is actually calculating. Just looks like a heavily weighted moving average. Could almost just draw a line though the medians of the periods candle and get the same result.
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Re: Snake

Postby Apprentice » Tue Sep 05, 2017 4:29 am

The only information I have is the code provided.
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Re: Snake

Postby bartwas1 » Tue Sep 05, 2017 7:55 am

Hello Apprentice,

Is it possible to add to this indicator an option to change data source's prices - close, high, low, open etc. At current state it looks like I could use it as a filter. It works nicely. Thank you.
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Re: Snake

Postby Apprentice » Tue Sep 05, 2017 11:44 am

As it is, Unfortunately no, the indicator uses the close, high and low component of the candle.
Maybe some derivative is possible, but the values will be different.
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Re: Snake

Postby Apprentice » Sun Jul 08, 2018 6:07 am

The indicator was revised and updated.
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