There is plenty of indicators trying to show cycles in price, the majority of them create a stationary version of the price and then smooth it, the Crimson/Grover cycle use as source a pure sine wave of period crimson and then use a best fit line with y = price and x = sine wave.Some final transformations are mades for highlights the cycle of the price.
The length parameter control the regression period and the crimson parameter the period of the sine cycle.If the length is higher than the crimson period then the indicator is more smoother but give more liberty to the sine wave.
The period of sine wave is equal to period/(2*3.14).
A sine wave of period 100
For any questions regarding the indicator please contact me :)
This is really great, can i get access to the source code as im trying to incorporate it with macd.Thanks.
alexgrover
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@himansu000002, Thanks. I plan to do the same indicator using a quadratic approach, the source code will be open on this one :) Stay tuned
overttherainbow
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I would love, love, love access to the source code for this work
Either way, great work again Alex. You give us the tools necessary to build our own creations, not just assume how we want things created. Hugely appreciated
alexgrover
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@overttherainbow, I have stuff to do but i will provide you the code soon :)
overttherainbow
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@alexgrover, Thank you very much, I look forward to using it in different ways
IvanWaller
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Question: How would this be used as an indicator?
alexgrover
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@IvanWaller, The simplest way to use it is by buying when the indicator is over 0 and selling when its above but this was not why this indicator was made, the best thing to do is using it as a source for others indicators.
Money_Wise_Ltd
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Well since I see many requests for the source code on here but to no avail…. Is there like a price that you seek for it?
cheatcountry
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Could I have access to the source code for this?
Miffedcomet
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Could I have access to the code, Im a newbie endlessly to do this <3