WAVE-PM Meow Mix [acatwithcharts]

3 sept. 2018

This is an adaptation of Mark Whistler's WAVE-PM script, originally published in his book Volatility Illuminated as a MetaTrader script. My version is inspired by the adaptation used by @astram22. It adds several additional ways to measure volatility for further experimentation.

Since the original TV script is not a public script, I'm publishing this as Invite-Only and will not be opening broad access to it.

4 sept. 2018

Notes de version

Added an option for Volume-ZLEMA-Weighted bands, as an experimental way to volume-weight volatility but rapidly discount the effect of temporary volume spikes which do not persist.

9 sept. 2018

Notes de version

This is a minor update which keeps menus consistent with my larger update to BB Meow Mix and makes minor cosmetic changes to the default plot.

19 sept. 2018

Notes de version

This update adds a feature to highlight or shade the oscillator lines based on direction. The calculation is based whether they are moving up or down relative to the simple average of the previous few bars. The highlighting can be toggled and the lookback length for that calculation can be adjusted.

3 oct. 2018

Notes de version

This update fixes a bug that was causing the stdev() function menu choice to fail to display.

7 nov. 2018

Notes de version

This update overhauls the MA and STDEV calculations and menus to allow unweighted, volume-weighted, or volume-weighted STDEV relative to a wide variety of moving average types. It has options for "moving" STDEV of these types which measures STDEV relative to the moving basis or static STDEV which measures it relative to the current bar. Selecting "SMA" and "Unweighted STDEV" replicates the stdev() function and "Unweighted Moving STDEV" replicates the previous "Unweighted STDEV" behavior.

This calculation occasionally times out the indicator. Changing symbols or TFs will reload it and generally resolve the issue. If you just want to use ordinary SMA and STDEV, using the "lite" version of this indicator should avoid this issue completely.

9 déc. 2018

Notes de version

Relabels "VWAP" as "VWMA" which is the correct description (I've frequently seen the terms used interchangeably in crypto, where trading is 24/7 rather than confined to daily sessions, hence the prior labeling).

22 déc. 2018

Notes de version

Updated to change the attribution in the title from “acatwithcharts” to “SharkCharts.live”.

I'm excited to announce that we're putting the finishing touches on a subscription service for the volatility theory indicators, and assuming no hiccups will launch them within days. Subscriptions will be available in several packages through SharkCharts.live

Current pricing and subscription details will be kept up-to-date on SharkCharts.live

22 déc. 2018

Notes de version

Minor default color change.

23 févr. 2019

Notes de version

This update should improve performance on SMA with Unweighted STDEV (though using the "lite" version of the indicator will still be even faster for that). It also adds LSMA as an MA type option.

7 mars 2019

Notes de version

Bugfix to ZLEMA.

13 juil. 2019

Notes de version

Update to v4 (which doesn't change any functionality in this). However, I did take it as an opportunity to update the color scheme a bit so that all 4 traces stand out - and to add a "color scheme" menu that allows coloring similar to DadShark's preferred colors. Default remains the same - the original color scheme was designed for contrast and readability.

This update also adds several more niche moving average types.

29 sept. 2020

Notes de version

I'm making a round of updates to my scripts after testing some of the new Pinescript features and looking for ways to address loading issues that have arisen from changes over the past 6 months or so as to what thresholds cause scripts to fail on the back end.