OPEN-SOURCE SCRIPT

Consensio Hystogram

2 132
Using the ideas from "Consensio" system, by Tyler Jenks, this Indicator shows a Buy and sell values, with 3 levels
using the position order of 3 smas: short, medium and large

There are 3 combinations indicating buy and 3 indicating sell:

Example: LSM (Long SMA Top, Then Short, Then Medium)

3 levels each. More level more power signal for buy or sell

MLS = Sell Level 1
LSM = Sell Level 2
LMS = Sell Level 3
SLM = Buy Level 1
SML = Buy Level 3
MSL = Buy Level 2

The triangles on top of the indicator shows any cross of the 3 SMAs and the level of buy/sell signal of the combination


The hystogram shows a composed value, using the distance of each SMA to the close price of each bar and te result is
multiplied by the actual combination order of the SMAs, positive values for Buy, negative for shell, using values from 1 to 3

The longer the SMA period, more weight has in the result value.

(These factors are editables)

My defaults:
50% using Long SMA
35% Using Medium SMA
15% Using Short SMA

Let me know if you encounter this as useful as me.

Nakitxu

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。