The Market Mode indicator seeks to identify trends and rebounds by identifying “phases” according to the principles of John Ehlers.
- When the oscillator passes above the top line, the market is in an uptrend. - When the oscillator goes below the bottom line, the market is in a downtrend. - Between these two levels, the market is calmer and could rebound in the direction of the initial trend and / or phase of trend change.
Hey. I tried out this one... but the pinescript says that it's not working... Would you have any ideas or solutions for this? Would love to try this one out and pay if it good.
Glenpop
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@ak4442, The solution is to google the error, identify the problem in the code and fix it.
undeclared identifier "#loc_22" is coming while saving the script in line 35... any solutions please guide
ak4442
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@uttam36er, yoyo. on line 35 --> change it to this... it's a simple error --> " mean := mean+workbp[k] " --> basically, there is a missing " : " to the left of the equal sign on line 35. Hope this helps dude! :D