[Update: April 26, 2014] Updated code to support new TV script engine: pastebin.com/tnM3Pt64. Code published won't work, plz use the code from the above link.
[Update: May 24,2014] Had to update the source again to support the latest script engine changes: Here's the new code - pastebin.com/6xyjP2ST
Appreciate any comments/feedback,
Commentaires
EdO'Donnell
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Hi LazyBear,
According to etfhq's article,
"We selected a modified FRAMA with a 'FC' of 4, a 'SC' of 300 and a 'FRAMA' period of 126 as being the most effective fast FRAMA although the settings for a standard FRAMA will also produce excellent results."
Your version has 2 parameters ("period of fractal", and "W") instead of the 3 which etfhq refers to. Could you explain how your params relate to what etfhq describes?
Thanks,
Ed
JasonCharles
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Hi,
Thanks for all your great indicators.
Would it be possible for you to update the FRAMA to use the new ETF HQ modified version that they say is a lot better.
Sadly it seems this code doesn't seem to work anymore? Even when I load the chart which you posted with the indicator it doesn't load.
WeWillWin
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Hi, Lazybear, why the code has this error, can you help me? thanks,
Error: Undeclared identifier `frama`
LazyBear
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TradingView script engine has been updated/modified since I published this. Updated code: pastebin.com/tnM3Pt64
Thanks for bringing this to my notice.
ChartArt
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Ah, I didn't see your comment here. This code works. Thanks!
ljstens22
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Doesn't FRAMA have two indicators? An FC and SC?
grahvity
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I love these non-standard technical indicators, man. I showed off your 4MACD last night in the daily discussion of reddit.com/r/BitcoinMarkets (giving you full credit). Keep it up.
LazyBear
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Thanks for the Reddit post :)
I have many more -- some finished, some half-way there -- indicators, will keep pushing them out. Expect to more unconventional ones :)
According to etfhq's article,
"We selected a modified FRAMA with a 'FC' of 4, a 'SC' of 300 and a 'FRAMA' period of 126 as being the most effective fast FRAMA although the settings for a standard FRAMA will also produce excellent results."
(source: etfhq.com/blog/2010/10/09/frama-is-it-effective/)
Your version has 2 parameters ("period of fractal", and "W") instead of the 3 which etfhq refers to. Could you explain how your params relate to what etfhq describes?
Thanks,
Ed