// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("The Finite Volume Element Oscillator"); SetChartBkColor(ParamColor("Outer panel color ",colorBlack)); // color of outer border SetChartBkGradientFill( ParamColor("Inner panel color upper half",colorDarkTeal), ParamColor("Inner panel color lower half",colorBlack)); //color of inner panel Period = Param("FVE period", 22, 10, 80, 1 ); MF = C - (H+L)/2 + Avg - Ref( Avg, -1 ); Vc = IIf( MF > 0.003 * C, V, IIf( MF < -0.003 * C, -V, 0 ) ); FVE = Sum( Vc, Period )/MA( V, Period )/Period * 100; _SECTION_END(); Bensu=EMA(EMA(FVE,21),5); ////Sude= (Bensu+(2*Ref(Bensu,-1))+(2*Ref(Bensu,-2))+Ref(Bensu,-3))/6; AA1=C/Ref(C,-8)*100; AA2=C/Ref(C,-13)*100; AA3=C/Ref(C,-21)*100; a1=EMA(AA1,1); a2=EMA(AA2,1); a3=EMA(AA3,1); b1=StDev(a1,8); b2=StDev(a2,13); b3=StDev(a3,21); RMOV=((a1*b1)+(a2*b2)+(a3*b3))/(b1+b2+b3); KK=EMA(EMA(RMOV,3),3); _SECTION_END(); //////////////////////////////////////////////////////////////////////////// _SECTION_BEGIN(""); GraphXSpace = 40; upcolor=ParamColor("UpCandleColor",colorBlack ); downcolor=ParamColor("DownCandleColor",colorBlack ); //FVE Change Volwma=EMA(Bensu,9); Volchange=(((Bensu-Volwma)/Volwma)*100); Vol=(ROC(Bensu,1)); // vol with std LBP = Param("Look Back", 15, 0, 150,1 ); Mean = MA(ln(Bensu),LBP); StD = StDev(ln(Bensu),LBP); xp3 = exp(mean + 2*std); //3 band xp2 = exp(mean + 1.5*std); //2 nd band xp1 = exp(mean + 1*std); // 1st band xm = exp(mean); // avg xn1 = exp(mean - 1*std); // -1 band xn2 = exp(mean - 1.5*std); //-2 band VolColor=IIf(KK>100,colorGold,colorRed); Plot(Volwma, "The Finite Volume Element Oscillator", VolColor,ParamStyle("AvgStyle",styleLine|styleThick|styleDots,maskAll),1|4096); Plot(xn1,"",colorBlue,1|4096); Plot(xn2,"", 1,1|4096); upbar = Bensu > Ref(Bensu,-1); downbar = Bensu< Ref(Bensu,-1); barcolor2=IIf(downbar,colorRed, IIf(upbar, 2,19) ); upbar = Bensu > Ref(Bensu,-1); downbar =Bensu< Ref(Bensu,-1); O = IIf(downbar, Bensu, 0); C = IIf(downbar, 0,Bensu); L=0; H = Bensu; ColorHighliter = IIf(upbar, upcolor,IIf(downbar, downcolor,colorDarkGreen)); SetBarFillColor( ColorHighliter ); pds = 10; V1 = Bensu/MA(Bensu,13); V2 = Bensu/MA(Bensu,21); V3 = Bensu/MA(Bensu,34); barcolor = IIf(Bensu0.50,colorBrightGreen,colorRed) ,4+styleNoLabel); _SECTION_END(); ///////////////////////////////////////////////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////////////////////