How To Use Dynamic Zones

Example of how to apply and use Dynamic Zones with an indicator by injecting it's source into my adaptation of the original idea by Leo Zamansky, Ph .D., and David Stendahl.

• Load your desired oscillating indicator on your chart ( CCI , RSI , etc).

• Load my "How To Use Dynamic Zones" indicator on your chart.

• In the "How To Use Dynamic Zones" indicator settings choose your desired oscillating indicator as the Oscillator Source.

You will now have dynamic overbought and oversold levels. I have also included alerts which may be used to indicate when these conditions occur.

If desired you may repeat the above process by loading additional indicators along with additional copies of my indicator to use with each oscillator.

Oscillator Source: CLOSE uses your chosen indicator as a source or you may use price as a source
Sample Length: 70 uses number of previous values for evaluating
Hi is Above X% of Sample: 88 sets overbought zone
Lo is Below X% of Sample: 88 sets oversold zone

The simplest explanation of what these default settings are doing is that they take 70 previous values of your chosen indicator, then create an overbought level that is above 88% of those previous values and an oversold level that is below 88% of those previous values. As new bars form the levels are dynamically reevaluated and updated.

"This investing style follows a very simple form of logic: Enter the market only when an oscillator has moved far above or below traditional trading levels. However, these oscillator driven systems lack the ability to evolve with the market because they use fixed buy and sell zones. Traders typically use one set of buy and sell zones for a bull market and substantially different zones for a bear market. And therein lies the problem.

Once traders begin introducing their market opinions into trading equations, by changing the zones, they negate the system’s mechanical nature. The objective is to have a system automatically define its own buy and sell zones and thereby profitably trade in any market — bull or bear. Dynamic zones offer a solution to the problem of fixed buy and sell zones for any oscillator-driven system."

Reference: Stocks & Commodities V15:7 (306-310): Dynamic Zones by Leo Zamansky, Ph .D., and David Stendahl

NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
版本注释: Added error checking with minval and maxval for the percent inputs.
从常用脚本中删除 添加到常用脚本
Telegram: • Gunbot Tuners:

If you would like to buy me a refreshing beverage :)...

LTC (preferred): LTDaAe7nPzbpBhZVT9o5f9f8M3aZSPa46Y

BTC: 13LhkeXBYrRomVAqbXcoLXHuqMk6Mf7G6N


crazy indicator, thank you sir.
allanster StillAlive
@StillAlive, thanks for your interest and comment, appreciated!
+1 回复
Really like this one, thanks for the good great on price too, added it to the Keltner Channel.
allanster kocurekc
@kocurekc, glad you like, looks nice!
+1 回复
great man doing perfect things as usual
allanster hngnaba76
@hngnaba76, nah I make plenty of mistakes but do strive to be correct, much appreciated
Great stuff as usual !
allanster TheCryptoBot
@TheCryptoBot, thanks for your support, and great to hear from you
Good one! Thanks for sharing
@pjay, thanks for your kind words, appreciated
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 价格 推荐朋友 网站规则 帮助中心 网站 & 经纪商解决方案 插件 图表解决方案 轻量图表库 博客 & 新闻 Twitter
概览 个人资料设置 账户和账单 推荐朋友 代币 我的客服工单 帮助中心 已发表观点 粉丝 正在关注 私人消息 在线聊天 退出