distance_ratio

2023年3月13日

Library "distance_ratio"
Collection of types and functions that can be used for the calculation of the ratio [0, 1] of a distance
from a barrier price using several methods. Methods supported are percentagewise (PERC), atr-based (ATR), fixed
profit (PROF), tick-based (TICKS), risk reward ratio (RR) and local extrema (LOC).
This library is meant to replace my previously published "distance_percentile" library since it offers a more intuitive interface by using the method syntax.

2023年3月13日

發行說明

v2
Use method syntax for "long_biased_dist_ratio" and "short_biased_dist_ratio".
For types use PascalCase instead of camelCase to work around some compiler errors as Stratfather suggested.

2023年3月14日

發行說明

v3
Some optimizations in the PROF method calculations

2023年3月16日

發行說明

v4

• Add Standard Deviation method for distance and LOC margin
  
• More accurate PROF calculation formula with commission fees
  

2023年3月16日

發行說明

v5
Add step logic to stdev method by adding multipliers

2023年3月16日

發行說明

v6
Simplify exit commission fee calculation

2023年3月17日

發行說明

v7
Add initial entry fees in the PROF calculation

2023年3月17日

發行說明

v8
(minor) without base quantity

2023年3月18日

發行說明

v9
Use barrier as the entry price for the stepped fixed profit calculations that are also scaled with the price movement when there are consecutive price targets

2023年4月30日

發行說明

v10

• Added price and ticks methods
  
• Added separate restrict methods
  
• Simplified the object types
  
• Removed the bias logic in the LOC method
  

2023年5月12日

發行說明

v11

• Tick related methods not return an integer
  
• If there is a not defined value during calculations return an error if fatal or zero otherwise
  
• Remove restrict argument from "pure" ratio, price ticks calls
  

2023年10月11日

發行說明

v12
Update some documentation and fixed a typo in the error message

2024年9月8日

發行說明

v13

• Updated documentation
  
• Use force_overlay for the example plots
  

2024年9月26日

發行說明

v14

• Use enum where possible
  

1月3日

發行說明

v15
Update to pinescript version 6

9月15日

發行說明

v16

• Pass the stop loss distance instead of ratio
  
• Update the example