OPEN-SOURCE SCRIPT
已更新 MG Universal model
🚀 Summary🚀
The MG univerasal model is a composite of various items such as RSI, price Z-Score, Sharpe Ratio, Sortino Ratio, Omega Ratio, etc
Each component is normalized and then equally wheighted out to perform a global metric.
At the end, an Exponential Moving Average is added on the global metric.
You can easily find a description of each component on the internet, for the Crosby Ratio, it's a metric that comes from bitcoinmagazinepro.com.
✨ Key Features ✨
🗡 Smoothed Global Metric
Using a Moving average to smooth out the whole aggregated metric.
🗡 Bands Zone at extreme levels
Automatically displaying bands at top and bottom levels of the oscillator.
🗡 Normalizing components
Each component is normalized.
🗡 DataTable
Optional DataTable is available to check the score for each components and their related Z-Score.
📊 How I use it 📊
When catching up with 0 line (midline), crossing it :
if it goes above 0.2:
get out when it crosses 0.2 again
else:
get out when it crosses 0 again
That's the way I use it, may be there is a better way, FAFO :)
❓ Seeing a bug or an issue ❓
Feel free to DM me if you see a component that seems badly calculated.
I will be happy to fix it.
❗❗ Disclaimer ❗❗
This is a single indicator, even though it's aggregating many, do not use it as a standalone.
Past performance is not indicative of future results.
Always backtest, check, and align parameters before live trading.
The MG univerasal model is a composite of various items such as RSI, price Z-Score, Sharpe Ratio, Sortino Ratio, Omega Ratio, etc
Each component is normalized and then equally wheighted out to perform a global metric.
At the end, an Exponential Moving Average is added on the global metric.
You can easily find a description of each component on the internet, for the Crosby Ratio, it's a metric that comes from bitcoinmagazinepro.com.
✨ Key Features ✨
🗡 Smoothed Global Metric
Using a Moving average to smooth out the whole aggregated metric.
🗡 Bands Zone at extreme levels
Automatically displaying bands at top and bottom levels of the oscillator.
🗡 Normalizing components
Each component is normalized.
🗡 DataTable
Optional DataTable is available to check the score for each components and their related Z-Score.
📊 How I use it 📊
When catching up with 0 line (midline), crossing it :
if it goes above 0.2:
get out when it crosses 0.2 again
else:
get out when it crosses 0 again
That's the way I use it, may be there is a better way, FAFO :)
❓ Seeing a bug or an issue ❓
Feel free to DM me if you see a component that seems badly calculated.
I will be happy to fix it.
❗❗ Disclaimer ❗❗
This is a single indicator, even though it's aggregating many, do not use it as a standalone.
Past performance is not indicative of future results.
Always backtest, check, and align parameters before live trading.
版本注释
🚀 Summary🚀The MG univerasal model is a composite of various items such as RSI, price Z-Score, Sharpe Ratio, Sortino Ratio, Omega Ratio, etc
Each component is normalized and then equally wheighted out to perform a global metric.
At the end, an Exponential Moving Average is added on the global metric.
You can easily find a description of each component on the internet, for the Crosby Ratio, it's a metric that comes from bitcoinmagazinepro.com.
✨ Key Features ✨
🗡 Smoothed Global Metric
Using a Moving average to smooth out the whole aggregated metric.
🗡 Bands Zone at extreme levels
Automatically displaying bands at top and bottom levels of the oscillator.
🗡 Normalizing components
Each component is normalized.
🗡 DataTable
Optional DataTable is available to check the score for each components and their related Z-Score.
📊 How I use it 📊
When catching up with 0 line (midline), crossing it :
if it goes above upperBand:
get out when it crosses upperBand again
else:
get out when it crosses 0 again
That's the way I use it, may be there is a better way, FAFO :)
❓ Seeing a bug or an issue ❓
Feel free to DM me if you see a component that seems badly calculated.
I will be happy to fix it.
❗❗ Disclaimer ❗❗
This is a single indicator, even though it's aggregating many, do not use it as a standalone.
Past performance is not indicative of future results.
Always backtest, check, and align parameters before live trading.
版本注释
Removed blank lines开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
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。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
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。