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  • Gator Oscillato

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    philipwijaya00032
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    The document defines a Gator Oscillator indicator that calculates three moving averages called Lips, Teeth, and Jaw with periods of 5, 8, and 13 respectively on midpoint price data. It then plots the differences between the moving averages as colored candlestick charts to identify trends and signals.

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    The document defines a Gator Oscillator indicator that calculates three moving averages called Lips, Teeth, and Jaw with periods of 5, 8, and 13 respectively on midpoint price data. It then plots the differences between the moving averages as colored candlestick charts to identify trends and signals.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    5 views1 page

    Gator Oscillato

    Uploaded by

    philipwijaya00032
    The document defines a Gator Oscillator indicator that calculates three moving averages called Lips, Teeth, and Jaw with periods of 5, 8, and 13 respectively on midpoint price data. It then plots the differences between the moving averages as colored candlestick charts to identify trends and signals.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    _SECTION_BEGIN( "Gator Oscillator" );

    Lips_Period = 5;
    Teeth_Period = 8;
    Jaw_Period = 13;
    MidPrice = ( H + L ) / 2;

    Lips = MA( MidPrice, Lips_Period );


    Teeth = MA( MidPrice, Teeth_Period );
    Jaw = MA( MidPrice, Jaw_Period );

    for ( i = Lips_Period + 1; i < BarCount; i++ )


    {
    iSum = ( Lips[i-1] * ( Lips_Period - 1 ) ) + MidPrice[i];
    Lips[i] = iSum / Lips_Period;
    }

    for ( j = Teeth_Period + 1; j < BarCount; j++ )


    {
    jSum = ( Teeth[j-1] * ( Teeth_Period - 1 ) ) + MidPrice[j];
    Teeth[j] = jSum / Teeth_Period;
    }

    for ( k = Jaw_Period + 1; k < BarCount; k++ )


    {
    kSum = ( Jaw[k-1] * ( Jaw_Period - 1 ) ) + MidPrice[k];
    Jaw[k] = kSum / Jaw_Period;
    }

    GatorAbove0 = abs( Jaw - Teeth );


    GatorBelow0 = -( abs( Teeth - Lips ) );

    BarColorAbove = IIf( GatorAbove0 < Ref( GatorAbove0, -1 ), colorRed, IIf( GatorAbove0 > Ref( GatorAbove0, -1 ), colorGreen, colorGrey40 ) );
    BarColorBelow = IIf( GatorBelow0 > Ref( GatorBelow0, -1 ), colorRed, IIf( GatorBelow0 < Ref( GatorBelow0, -1 ), colorGreen, colorGrey40 ) );

    SetBarFillColor( IIf( GatorAbove0 < Ref( GatorAbove0, -1 ), colorRed, IIf( GatorAbove0 > Ref( GatorAbove0, -1 ), colorGreen, colorGrey40 ) ) );
    PlotOHLC( 0, GatorAbove0, 0, GatorAbove0, _DEFAULT_NAME(), BarColorAbove, styleCandle | styleNoLabel | stylenotitle );

    SetBarFillColor( IIf( GatorBelow0 > Ref( GatorBelow0, -1 ), colorRed, IIf( GatorBelow0 < Ref( GatorBelow0, -1 ), colorGreen, colorGrey40 ) ) );
    PlotOHLC( 0, GatorBelow0, 0, GatorBelow0, _DEFAULT_NAME(), BarColorBelow, styleCandle | styleNoLabel | stylenotitle );
    _SECTION_END();

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