OPEN-SOURCE SCRIPT
Indecision indicator
Indecision is calculated based on ratio of wicks-body to full candle.
Similarly price rejection is calculated based on ratio of upper wicks to candle and lower wicks to candle.
In both cases sum of stats from last N candels are used to get smoother output. Coloring of indecision candle is based on two bollinger bands with different standard deviations. It can be set in input settings.
Similarly price rejection is calculated based on ratio of upper wicks to candle and lower wicks to candle.
In both cases sum of stats from last N candels are used to get smoother output. Coloring of indecision candle is based on two bollinger bands with different standard deviations. It can be set in input settings.
Script de código aberto
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.