OPEN-SOURCE SCRIPT
Pi Cycle Top Indicator Z-Score

This Indicator Z-scores the Pi Cycle Top Indicator by first calculating two moving averages: the 111-day moving average (111DMA) and the 350-day moving average (350DMA) of the closing price. Then, the double of the 350-day moving average (350DMAx2) is calculated.
Next, the percentage difference between the 111-day moving average and the double 350-day moving average is calculated. This difference is used to create a list of historical percentage differences.
The code calculates the mean and standard deviation of the percentage differences. Using these values, the Z-Score of the current percentage difference is calculated and inverted to generate a negative signal on a crossover.
The Z-Score is plotted as an oscillator on the chart. Additionally, dashed green lines are added at the values 1 and 2, and dashed red lines are added at the values -1 and -2.
Next, the percentage difference between the 111-day moving average and the double 350-day moving average is calculated. This difference is used to create a list of historical percentage differences.
The code calculates the mean and standard deviation of the percentage differences. Using these values, the Z-Score of the current percentage difference is calculated and inverted to generate a negative signal on a crossover.
The Z-Score is plotted as an oscillator on the chart. Additionally, dashed green lines are added at the values 1 and 2, and dashed red lines are added at the values -1 and -2.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。