OPEN-SOURCE SCRIPT
已更新 Gain/Loss Moving Average [Cyrus c|:D]
This is a simple momentum indicator. It calculates the moving average of gains and losses. As you can see in the chart above, gains have been decreasing in each wave which is also captured by this indicator. Its closest relative is RSI but unlike RSI it is not range bound. Divergence on indicators that are not range bound are generally more reliable.
Recommended settings:
- EMA as moving average type.
- EMA length 27 is equal to RSI length 14 (2 x RSI length - 1). You can sync the length on the two indicators using that equation.
- hlc3 (AKA typical price) as input source might be better than "close" as it captures more information. If you use hlc3 as a source, then change the chart type to line and set hlc3 as the source for identifying divergence.
PS: Let me know if you know any identical indicator. I may be re-inventing the wheel :)
Recommended settings:
- EMA as moving average type.
- EMA length 27 is equal to RSI length 14 (2 x RSI length - 1). You can sync the length on the two indicators using that equation.
- hlc3 (AKA typical price) as input source might be better than "close" as it captures more information. If you use hlc3 as a source, then change the chart type to line and set hlc3 as the source for identifying divergence.
PS: Let me know if you know any identical indicator. I may be re-inventing the wheel :)
發行說明
- implemented the same fix as True RSI- made the code a bit more clear
發行說明
- this is the original graphics開源腳本
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。