The Last AO (Pinescript)
Budget: $30 – $250 USD
Expected Result: Configurable Indicator for Tradingview with alert.
Indi will have configurable input for lookback parameters of Min=1 and Max=10
Signal evaluation is based on Awesome Oscillator (AO)
Detection Scenario is trend based (using ema200)
Uptrend
1) current price is above ema200
2) trigger is when AO bar shift from below <0 to above >0
3) from there, lookback to find the last red AO bar but with condition of AO<0
4) alert
Downtrend
1) current price is below ema200
2) trigger is when AO bar shift from above >0 to below <0
3) from there, lookback to find the last green AO bar but with condition of AO>0
4) alert
maximum to lookback will be based on user input
Indi will have configurable input for lookback parameters of Min=1 and Max=10
Signal evaluation is based on Awesome Oscillator (AO)
Detection Scenario is trend based (using ema200)
Uptrend
1) current price is above ema200
2) trigger is when AO bar shift from below <0 to above >0
3) from there, lookback to find the last red AO bar but with condition of AO<0
4) alert
Downtrend
1) current price is below ema200
2) trigger is when AO bar shift from above >0 to below <0
3) from there, lookback to find the last green AO bar but with condition of AO>0
4) alert
maximum to lookback will be based on user input