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已更新 LeafAlgo Pro

This indicator utilizes signals generated from a normalized consensus of one of the four following consensus strategies: Oscillator Consensus, Moving Average Consensus, Democratic Fib Consensus, and an Ichimoku Cloud Consensus. When the values of the individual consensus are normalized, they can be utilized as an oscillator with a range of 0-100. The range of 0-100 can be broken down into zones where if the oscillator breaks through the different thresholds and meets the directional filter requirements, a signal is generated for strong buy, buy, sell, and strong sell with respect to which underlying threshold is breached.
Oscillator:
The Oscillator setting consists of the Average Directional Index (ADX) set as a value instead of +/- and is not used in the scoring to gather consensus. Rather, a value of 25 or above is used to confirm the trend regardless of positive or negative. The Chande Momentum Oscillator (CMO), Detrended Price Oscillator (DPO), Momentum, Rate of Change (ROC), Relative Strength Index (RSI), True Strength Index (TSI), and Volume Oscillator are used in the Oscillator table for a consensus value and given a + or - depending on the condition being met. The conditions and weighting are as follows:
-- CMO > or < 0, given a weight of +/- 2
-- DPO > or < 0, given a weight of +/- 2
-- Momentum > or < 0, given a weight of +/- 2
-- ROC > or < 0, given a weight of +/- 2
-- RSI > or < 50, given a weight of +/- 1
-- TSI Value Line > or < 0, given a weight of +/- 1
-- TSI Signal Line > or < 0, given a weight of +/- 1
-- Volume Osc. > or < 0, given a weight of +/- 2
Moving Average:
For the Moving Average Ribbon/Multi-MA setting the user is able to determine the type of MA for 11 moving averages. The type selection consists of EMA, DEMA, TEMA, SMA, RMA, VWMA, WMA, SMMA, and a Hull MA. The preset values for the 11 moving averages are 5, 7, 10, 14, 21, 26, 50, 75, 100, 150, and 200. The consensus conditions and weighting are as follows:
-- If MA(1 through 10) < or > the price source, given a weight of +/- 1
-- If MA(11) < or > the price source, given a weight of +/- 2
DFMA:
The Democratic Fibonacci Moving Average setting is derived from our indicator of the same name. The source for the DFMA can be chosen by the user, but the SMA lengths are predetermined in Fibonacci intervals from 3 to 233. The DFMA line itself is determined by finding the average value of these 10 Fibonacci MA lengths. The consensus conditions and weighting are as follows:
-- If Fib. MA (3-233) < or > the source, given a weight of +/- 1
-- If DFMA value < or > the source, given a weight of +/- 2.
Ichimoku:
The Ichimoku setting values a handful of conditions using the Tenkan-sen/Conversion Line, Kijun-sen/Base Line, Senkou-span A and B, and the Chikou-span, each of which are given their standard values of 9, 26, 52, and 26, respectively, but can be changed in the user settings if desired. As opposed to the other tables, there are fewer conditions to be met and given values to. All of the conditions are given the same weighting (+/- 1). The conditions are as follows:
-- Kijun-sen < or > the source
-- Tenkan-sen < or > the source
-- Kijun-sen > or < the Chikou-span
-- Tenkan-sen > or < the Kijou-sen
-- Senkou Span A > or < Senkou Span B
Dynamic Bar Coloring
The bar coloring is based on the values of the underlying consensus oscillator.
-- If the consensus value >= 75 coloring= "Lime"
-- If the consensus value is between 55 and 70, coloring= "Green"
-- If the consensus value is between 45 and 55, coloring= "Yellow"
-- If the consensus value is between 30 and 45, coloring= "Orange"
-- If consensus value is <= 30, coloring= "Red"
Regression Channels
The visible channel utilizes a basis line of a quadratic regression line. The quadratic regression is well suited for determining (and predicting) trends. Calculating the regression involves five summation equations that utilize the bar index (x1), the price source (defaulted to ohlc4), the desired length, and the square of x1. Determining the coefficient values requires an additional step that factors in the simple moving average of the source, bar index, and squared bar index. The envelopes that are formed around the regression line are a multiple of that regression line using the high/low range of the price. This envelope can be used to determine points of interest where the price may break through, consolidate at, or reverse from. The channels should be used in conjunction with the signals generated to determine if the signal is valid.
Note past performance is not indicative of future results. This is meant to be used as a tool, and the signals generated by this script should be confirmed with other technical analysis.
Oscillator:
The Oscillator setting consists of the Average Directional Index (ADX) set as a value instead of +/- and is not used in the scoring to gather consensus. Rather, a value of 25 or above is used to confirm the trend regardless of positive or negative. The Chande Momentum Oscillator (CMO), Detrended Price Oscillator (DPO), Momentum, Rate of Change (ROC), Relative Strength Index (RSI), True Strength Index (TSI), and Volume Oscillator are used in the Oscillator table for a consensus value and given a + or - depending on the condition being met. The conditions and weighting are as follows:
-- CMO > or < 0, given a weight of +/- 2
-- DPO > or < 0, given a weight of +/- 2
-- Momentum > or < 0, given a weight of +/- 2
-- ROC > or < 0, given a weight of +/- 2
-- RSI > or < 50, given a weight of +/- 1
-- TSI Value Line > or < 0, given a weight of +/- 1
-- TSI Signal Line > or < 0, given a weight of +/- 1
-- Volume Osc. > or < 0, given a weight of +/- 2
Moving Average:
For the Moving Average Ribbon/Multi-MA setting the user is able to determine the type of MA for 11 moving averages. The type selection consists of EMA, DEMA, TEMA, SMA, RMA, VWMA, WMA, SMMA, and a Hull MA. The preset values for the 11 moving averages are 5, 7, 10, 14, 21, 26, 50, 75, 100, 150, and 200. The consensus conditions and weighting are as follows:
-- If MA(1 through 10) < or > the price source, given a weight of +/- 1
-- If MA(11) < or > the price source, given a weight of +/- 2
DFMA:
The Democratic Fibonacci Moving Average setting is derived from our indicator of the same name. The source for the DFMA can be chosen by the user, but the SMA lengths are predetermined in Fibonacci intervals from 3 to 233. The DFMA line itself is determined by finding the average value of these 10 Fibonacci MA lengths. The consensus conditions and weighting are as follows:
-- If Fib. MA (3-233) < or > the source, given a weight of +/- 1
-- If DFMA value < or > the source, given a weight of +/- 2.
Ichimoku:
The Ichimoku setting values a handful of conditions using the Tenkan-sen/Conversion Line, Kijun-sen/Base Line, Senkou-span A and B, and the Chikou-span, each of which are given their standard values of 9, 26, 52, and 26, respectively, but can be changed in the user settings if desired. As opposed to the other tables, there are fewer conditions to be met and given values to. All of the conditions are given the same weighting (+/- 1). The conditions are as follows:
-- Kijun-sen < or > the source
-- Tenkan-sen < or > the source
-- Kijun-sen > or < the Chikou-span
-- Tenkan-sen > or < the Kijou-sen
-- Senkou Span A > or < Senkou Span B
Dynamic Bar Coloring
The bar coloring is based on the values of the underlying consensus oscillator.
-- If the consensus value >= 75 coloring= "Lime"
-- If the consensus value is between 55 and 70, coloring= "Green"
-- If the consensus value is between 45 and 55, coloring= "Yellow"
-- If the consensus value is between 30 and 45, coloring= "Orange"
-- If consensus value is <= 30, coloring= "Red"
Regression Channels
The visible channel utilizes a basis line of a quadratic regression line. The quadratic regression is well suited for determining (and predicting) trends. Calculating the regression involves five summation equations that utilize the bar index (x1), the price source (defaulted to ohlc4), the desired length, and the square of x1. Determining the coefficient values requires an additional step that factors in the simple moving average of the source, bar index, and squared bar index. The envelopes that are formed around the regression line are a multiple of that regression line using the high/low range of the price. This envelope can be used to determine points of interest where the price may break through, consolidate at, or reverse from. The channels should be used in conjunction with the signals generated to determine if the signal is valid.
Note past performance is not indicative of future results. This is meant to be used as a tool, and the signals generated by this script should be confirmed with other technical analysis.
發行說明
-Added some extra tooltips to better explain what each setting is-Added a secondary channel setting to include an Adaptive Gaussian Channel. This channel is made using a adaptive gaussian moving average (AGMA) as the basis and creating deviation channels around that basis. This channel can be a great tool for identifying overbought and oversold conditions as seen below.
-added line coloration to the basis line that is based on the closing price relative to the basis
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除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For full access to all of our indicators, visit our website at LeafAlgo.com. For a 7-day free trial message directly on TradingView.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫LeafAlgo。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For full access to all of our indicators, visit our website at LeafAlgo.com. For a 7-day free trial message directly on TradingView.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。