PROTECTED SOURCE SCRIPT
已更新 3D-WAVE-PM indicator
This is an extension of the WAVE-PM indicator as explained by Mark Whistler in his book Volatility Illuminated.
This heatmap represent different lengths of WAVE-PM indicator, starting from 20 and incremented by 15 until 485.
As a reminder, WAVE-PM compare the size of the current distribution to the last 100.
The result is represented as a number between 0 and 1.
The more close to 0, the more contracted the distribution is.
The more close to 1, the more expanded the distribution is.
The color code is the same as my standard WAVE-PM indicator :
Between 0.35 and 0.5 also known as the "Gear change" level => Grey
Between 0.5 and 0.7 also known as the "Consolidation" level => Green
Between 0.7 and 0.9 also known as the "Breakout" level => Blue
Between 0.9 and 1 also known as the "Danger" level => Red
Note that i have colored results below 0.35 as black
Note also that each level has been divided in 2 colors : The light one for the lower half of the range and the dark one for the higher half.
You should resize the indicator window to have a clear and continuous heatmap.
This heatmap represent different lengths of WAVE-PM indicator, starting from 20 and incremented by 15 until 485.
As a reminder, WAVE-PM compare the size of the current distribution to the last 100.
The result is represented as a number between 0 and 1.
The more close to 0, the more contracted the distribution is.
The more close to 1, the more expanded the distribution is.
The color code is the same as my standard WAVE-PM indicator :
Between 0.35 and 0.5 also known as the "Gear change" level => Grey
Between 0.5 and 0.7 also known as the "Consolidation" level => Green
Between 0.7 and 0.9 also known as the "Breakout" level => Blue
Between 0.9 and 1 also known as the "Danger" level => Red
Note that i have colored results below 0.35 as black
Note also that each level has been divided in 2 colors : The light one for the lower half of the range and the dark one for the higher half.
You should resize the indicator window to have a clear and continuous heatmap.
版本注释
- Updated to pinescript v4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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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。