by 
Oscillator Suite plots a normalised price oscillator in a separate pane and overlays a signal line that can use SMA, EMA, WMA, HMA, RMA, VWMA, T3, ZEMA, KAMA, or GKEMA. It marks bullish and bearish divergences, a smoothed money-flow series, confluence areas an
Indicator · Pine Script v4 · Own pane
My Cipher v2
My Cipher v2 plots a combined oscillator in a separate pane.
GitHub stars5on the repository
Pine versionv4older, still runs
Lines of code322
Settings40inputs
LicenceNone stated
Last update2 years ago9 Apr 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
My Cipher v2 calculates a WaveTrend-style stochastic from Heikin Ashi prices, a volume-based money flow histogram, smoothed RSI, MACD-style lengths, and a Z-VWAP. Crosses mark WaveTrend turns; colored dots mark buy, sell, and gold conditions built from RSI, stochastic, and WaveTrend levels; squares mark regular and hidden divergences. Inputs change channel lengths, smoothing, component weights, overbought and oversold levels, and which markers are shown. It does not place trades.
- WaveTrend cross circles
- Regular and hidden divergence squares
- Gold diamond condition marker
- Money flow histogram
- Adjustable lengths, weights, and levels
Details
Published by
Following-BTC on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Markets
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| STOCH Channel Length | int | 5 | n1 |
| STOCH Average Length | int | 3 | n2 |
| STOCH Smoothing | int | 3 | stochSmooting |
| MFI Oversold level | int | -8 | mfiOsLevel |
| MFI Period | int | 50 | mfiLength |
| MFI Smoothing | int | 9 | mfiSmooth |
| RSI Period | int | 14 | rsiPeriod |
| MACD Fast MA Length | int | 12 | fastLength |
| MACD Slow MA Length | int | 25 | slowLength |
| MACD Signal Length | int | 9 | signalLength |
| Z-VWAP Length | int | 20 | lengthz |
| Stdev Length | int | 25 | lengthStdev |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACZ constant A | float | 1.0 | A |
| MACZ constant B | float | 1.0 | B |
| SM 2 Weight | float | 0.6 | sm2w |
| MFI Weight | float | 0.15 | mfiw |
| RSI Weight | float | 0.35 | rsiw |
| Show WaveTrend | bool | true | wtShow |
| Show Buy dots | bool | true | wtBuyShow |
| Show Gold dots | bool | true | wtGoldShow |
| Show Sell dots | bool | true | wtSellShow |
| Show Div. dots | bool | true | wtDivShow |
| Show Fast WT | bool | true | vwapShow |
| WT Channel Length | int | 9 | wtChannelLen |
| WT Average Length | int | 12 | wtAverageLen |
| WT MA Source | source | hlc3 | wtMASource |
| WT MA Length | int | 3 | wtMALen |
| WT Overbought Level 1 | int | 53 | obLevel |
| WT Overbought Level 2 | int | 60 | obLevel2 |
| WT Overbought Level 3 | int | 100 | obLevel3 |
| WT Oversold Level 1 | int | -53 | osLevel |
| WT Oversold Level 2 | int | -60 | osLevel2 |
| WT Oversold Level 3 | int | -75 | osLevel3 |
| Show WT Regular Divergences | bool | true | wtShowDiv |
| Show WT Hidden Divergences | bool | false | wtShowHiddenDiv |
| Not apply OB/OS Limits on Hidden Divergences | bool | true | showHiddenDiv_nl |
| WT Bearish Divergence min | int | 45 | wtDivOBLevel |
| WT Bullish Divergence min | int | -65 | wtDivOSLevel |
| Show 2nd WT Regular Divergences | bool | true | wtDivOBLevel_addshow |
| WT 2nd Bearish Divergence | int | 15 | wtDivOBLevel_add |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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