# Reverse PMAR & PMARP

Cập nhật
Introducing the Reverse PMAR & PMARP

Concept

The PMAR/PMARP is an indicator which calculates :

The ratio between a chosen source price and a user defined moving average ( Price Moving Average Ratio ).
The percentile of the PMAR over an adjustable lookback period ( Price Moving Average Ratio Percentile ).

Here I have reverse engineered the PMAR / PMARP formulas to derive several functions.

These functions calculate the chart price at which the PMAR/PMARP will cross a particular scale value.

I have employed those functions here to give the "crossover" price levels for :

• Upper test level
• Mid-Line
• Lower test level

Knowing the price at which these various user defined PMARP levels will be crossed can be useful in setting price levels that trigger components of various strategies.
For example: using the reverse engineered upper test price level, to set take a take profit limit order on a long trade, which was entered when PMARP was low.

The indicator displays either the PMAR or PMARP as a line plot with optional signal moving average.
It also plots optional visual alert level lines, test level lines, background signal bars, and a display panel with reverse engineered prices.

Main Properties :

Price Source :- Choice of price values or external value from another indicator ( default *Close ).
Indicator :- Choice between PMAR or PMARP ( default *PMAR ).

Price Moving Average Ratio Properties :

PMAR Length :- User defined time period to be used in calculating the Moving Average for the Price Moving Average Ratio and the PMAR component of the PMARP ( default *21 ).
MA Type :- User defined type of Moving Average which creates the MA for the Price Moving Average Ratio and the PMAR component of the PMARP ( default *EMA ).
PMAR Multiplier :- User defined multiplier which moves the decimal place to the right in order to make the scale readable in PMAR mode ( default *x1 ).

Price Moving Average Ratio Percentile Properties :

PMARP Length :- The lookback period to be used in calculating the Price Moving Average Ratio Percentile ( default *350 ).

PMAR Levels :

Hi PMAR Test :- High test level ( default *1.01 ).
Lo PMAR Test :- Low test level ( default *0.99 ).

PMARP Levels :

Hi PMARP Test :- High test level ( default *70 ).
Lo PMARP Test :- Low test level ( default *30 ).

Line Plot Settings :

Color Type :- User choice from dropdown between "solid" or "spectrum" line coloring ( default *Solid ).
Solid Color :- Color selection box ( default *Yellow ).
Spectrum :- User choice from dropdown between "high to low", or "high to mid to low" spectrum line coloring ( default *high to mid to low ).
High Color :- Color selection box ( default *Red ).
Mid Color :- Color selection box ( default *Green ).
Low Color :- Color selection box ( default *Blue ).
Line Width :- Defines the width of the signal line from 1 - 4 ( default *1 ).

Signal Moving Average Settings :

Signal MA Length :- The time period to be used in calculating the signal Moving Average for the Line Plot ( default *20 ).
Signal MA Type :- The type of Moving Average which creates the signal Moving Average for the Line Plot ( default *EMA ).
Color Type :- User choice from dropdown between "single" or "dual" line color ( default *dual ).
Single Color :- Color selection box ( default *White ).
Dual Color :- Color selection box ( default *Red ). Note: Defines the color of the signal MA when the MA is falling in "dual" line coloring mode.
Line Width :- Defines the width of the signal line from 1 - 4 ( default *1 ).

Checkboxes and color selection boxes for Upper/Lower alert lines, midline & test lines.
Signal Bars Transparency :- Sets the transparency of the vertical signal bars ( default *50 ).
Checkboxes and color selection boxes for Upper/Lower signal bars.

Panel Properties :

Checkboxes and color selection boxes for the various info. panel components.
Text Size :- User choice from dropdown between Tiny, Small, Normal and Large ( default *Normal ).
Decimal Places :- Sets the decimal places shown for the values in the info. panel ( default *2 ).
Phát hành các Ghi chú:
Increased the maximum possible decimal places from 4 to 10
Phát hành các Ghi chú:
Renamed some line names

You may contact me on Krown's Crypto Cave Discord: discord.gg/W9ettX54DF My Discord username is The Caretaker.
My Private indicators are available via :