Average Angular Change [DW]

This is an experimental study combining the Kaufman Adaptive Moving Average (KAMA) and basic trigonometry to calculate the average angular change of price.

Notas de Lançamento

Updates:

Calculation Updates:
-> The previous version of this script was lacking in responsiveness due to the dampened response of Kaufman's Adaptive Moving Average. Due to this, the filter type has been switched to EMA.
-> The filtration method is now applied after the angular change is calculated rather than before. The results are a bit more responsive to price movements when applied this way.
-> The thresholds are no longer based on arbitrary choices. Instead, they are based on a cumulative average of the AAC's distance from 0.

Decluttering:
-> Cleaned up the script. Reduced clutter and removed variables that didn't serve any purpose.

Changed the the aesthetics:
-> AAC is now displayed as columns.
-> The color scheme has been altered. Easily discern trend direction and whether the market is pulling back or reinforcing the trend.
-> Bar colors have been added to the script. The color scheme is the same as the oscillator's color scheme.

Script de código aberto

No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.

DonovanWall

For my full list of premium tools, check the blog:
wallanalytics.com/

Reach out on Telegram:
t.me/DonovanWall

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Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.

Script de código aberto

DonovanWall

For my full list of premium tools, check the blog:
wallanalytics.com/

Reach out on Telegram:
t.me/DonovanWall

Também em: