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UDAY_C_Santhakumar
Jan 21, 2015 4:21 AM
UCS_Transactional Valuation Index-Version 2
AMEX:IWM
iShares Russell 2000 ETF
Arca
描述
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Jan 21, 2015 4:21 AM
Version 1 -
tradingview.com/v/BRrxp5vv/
Updates include
Better Optimization on the levels.
Plotting only the important Highs and Lows
The extremes can be an important pivot levels.
Over and Undervalue - Gray (Column - close) (Histogram - High/Low)
Extreme conditions - Red
Extreme Alerts and Overlay will be added later.
transaction
Value
index
valuecharts
valuebars
评论
UDAY_C_Santhakumar
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Jan 21, 2015 4:27 AM
From Back testing, Red Columns are really a strong reversal points, Indicating sustained trading to one direction and excitement or panic - For example
and Most interestingly, if it overlaps with the Shaved Bars
tradingview.com/v/ZOkHiIC6/
.
RickKalonji
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Mar 18, 2024 7:23 AM
How do you use / read / interpret this indicator?
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