RAINBOW_13th

Hi Dears!
hereby, I present you one of my indicators which is a kind of artistic indicator.
It calculates different ranks of functions and based on them suggests a buy or sell order which is depicted on right-side separately.

Inputs:
(For calculating)
+Source:
+Length: Number of previous bars in calculation
+Topology:
++EMA
++RMA
++SMA
++RSI
+OVER BOUGHT RSI: Define your boundary for overbought in RSI-TOPOLOGY.
+OVER SOLD RSI: Define your boundary for oversold in RSI-TOPOLOGY.
(Visual)
+Transparency: affect colors of rainbow!

Wish you good deals!
BY USING PLZ DO NOT FORGET TO BOOST IT!
Shakib.

版本注释:

2 updates are successfully updated on indicator:
+Crucial Update: buy/sell suggestion in SMA|RMA|EMA is fixed.
+Visual Update: Size of buy/sell status could be defined by user now.
Best regards.
PLZ BOOST IT.

版本注释:

Replacement for SMA with WMA.

版本注释:

Critical updates on BUY/SELL indicator.

版本注释:

+Update: buy/sell signal
+Added: RSI_ATR measurement

版本注释:

Added:
New Average Method that I want to implement it for the first time ever not only in tradingview, but also in the world ;) , I call it "Pareto Mean" because it is based on Pareto famous idea about 20%-80% in economics.

By check-in Pareto it will be apeared on your plot.

版本注释:

Added:
Draw Gaussian Mean