OPEN-SOURCE SCRIPT
已更新 Kijun Sen Median
Key Features:
Kijun-Sen Calculation: The traditional Kijun-Sen is calculated as the average of the highest high and the lowest low over a specified period. This script introduces a variation by using the median price of the user-defined source (kj_src2) over the selected length (med_len), creating a median-based Kijun-Sen.
Trend Indication:
A positive trend is indicated when the source price is above the Kijun-Sen.
A neutral trend is indicated when the source price is equal to the Kijun-Sen.
A negative trend is indicated when the source price is below the Kijun-Sen.
User Inputs:
Plot Kijun-Sen: Toggle to enable or disable the display of the Kijun-Sen line.
Kijun-Sen Length (len): Sets the period for calculating the Kijun-Sen.
Median Length (med_len): Defines the period over which the median price is calculated.
Kijun Source (kj_src): The source price for evaluating conditions above, equal, or below the Kijun-Sen.
Median Source (kj_src2): The source price used in calculating the median price for the Kijun-Sen.
This indicator is designed to help traders identify trend changes and potential reversal points based on a modified Kijun-Sen line. The color-coded line provides an immediate visual cue for the current market condition, making it easier to interpret trends and potential trading signals.
Kijun-Sen Calculation: The traditional Kijun-Sen is calculated as the average of the highest high and the lowest low over a specified period. This script introduces a variation by using the median price of the user-defined source (kj_src2) over the selected length (med_len), creating a median-based Kijun-Sen.
Trend Indication:
A positive trend is indicated when the source price is above the Kijun-Sen.
A neutral trend is indicated when the source price is equal to the Kijun-Sen.
A negative trend is indicated when the source price is below the Kijun-Sen.
User Inputs:
Plot Kijun-Sen: Toggle to enable or disable the display of the Kijun-Sen line.
Kijun-Sen Length (len): Sets the period for calculating the Kijun-Sen.
Median Length (med_len): Defines the period over which the median price is calculated.
Kijun Source (kj_src): The source price for evaluating conditions above, equal, or below the Kijun-Sen.
Median Source (kj_src2): The source price used in calculating the median price for the Kijun-Sen.
This indicator is designed to help traders identify trend changes and potential reversal points based on a modified Kijun-Sen line. The color-coded line provides an immediate visual cue for the current market condition, making it easier to interpret trends and potential trading signals.
發行說明
Added a Line Width input.發行說明
Compacted code發行說明
Small fixes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。
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。