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已更新 3 Way Valuation
The 3 Way Valuation (3WV) is a composite oscillator that evaluates market conditions by combining a diverse range of metrics into a single smoothed value between 0 and 1. It draws from multiple domains, including momentum, trend strength, volatility, risk-adjusted return ratios, and volume-based analytics to offer a well-rounded view of an asset’s relative positioning.
At its core, 3WV integrates three statistical approaches: Percentile Ranking to assess how current values compare to historical distributions, Z-Score Normalization to measure deviation from the average, and Empirical CDF (ECDF) to estimate the probability of observing a value based on past behavior. These methods are applied across all selected metrics, then normalized and averaged for a comprehensive market sentiment score.
Users can tailor the smoothing level and choose whether to include volume-based components for enhanced filtering. The indicator highlights potential overbought and oversold conditions with customizable thresholds, making it a versatile tool for timing entries, exits, or confirming broader strategies.
At its core, 3WV integrates three statistical approaches: Percentile Ranking to assess how current values compare to historical distributions, Z-Score Normalization to measure deviation from the average, and Empirical CDF (ECDF) to estimate the probability of observing a value based on past behavior. These methods are applied across all selected metrics, then normalized and averaged for a comprehensive market sentiment score.
Users can tailor the smoothing level and choose whether to include volume-based components for enhanced filtering. The indicator highlights potential overbought and oversold conditions with customizable thresholds, making it a versatile tool for timing entries, exits, or confirming broader strategies.
版本注释
Color coding added to candle high,low, too.受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。