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Pretty_Good_Oscillator

PostPosted: Sat Jan 18, 2020 6:03 am
by Apprentice
GBPUSD D1 (01-18-2020 1008).png

The Pretty Good Oscillator indicator by Mark Johnson measures the distance of the current close from its N-day simple moving average, expressed in terms of an average true range over a similar period.
Pretty_Good_Oscillator.lua
(4.95 KiB) Downloaded 181 times

Re: Pretty_Good_Oscillator

PostPosted: Sun Jan 19, 2020 8:22 pm
by Avignon
Hello,

I looked around out of curiosity. Your indicator's different than the ones I found.

Here in french

https://www.tradingview.com/

Regards.

Re: Pretty_Good_Oscillator

PostPosted: Mon Jan 20, 2020 8:47 am
by Apprentice
Your request is added to the development list.
Development reference 571.

Re: Pretty_Good_Oscillator

PostPosted: Tue Jan 21, 2020 2:07 pm
by Apprentice
Pretty_Good_Oscillator.lua
(3.17 KiB) Downloaded 148 times

Try this version.

TradingView does have several different implementations of this indicator.

Re: Pretty_Good_Oscillator

PostPosted: Tue Jan 21, 2020 7:20 pm
by Avignon
OK. I'll look later. The formula seems to be this one.

For Tradingview, that would explain why there are few signals then.

Re: Pretty_Good_Oscillator

PostPosted: Sun Jan 26, 2020 1:05 pm
by Avignon
Hello,

Can you add the levels on the indicator and at once put a signal (sound and arrow)?

Thanks.

Re: Pretty_Good_Oscillator

PostPosted: Sun Jan 26, 2020 8:30 pm
by Avignon
Hello, again,

Can you explain it to me? I don't understand how "EMA of true range" is calculated.

I tried to code it on PRT out of curiosity but I don't have the same results.


Thanks, again.

Re: Pretty_Good_Oscillator

PostPosted: Mon Jan 27, 2020 7:27 am
by Apprentice
Your request is added to the development list.
Development reference 598.

Re: Pretty_Good_Oscillator

PostPosted: Tue Jan 28, 2020 2:02 pm
by Apprentice