OPEN-SOURCE SCRIPT
SADROC

The "Smoothed Accumulation/Distribution Rate of Change" (SADROC) indicator draws inspiration from the Chaikin Oscillator's use of accumulation and distribution, formatted in a manner just like the MACD (Moving Average Convergence Divergence) indicator. My goal was to create something with greater speed and accuracy than the classic MACD
Here's a breakdown of its key elements:
Inputs: Users can customize the indicator by specifying the fast length, slow length, and signal length to fit their preferences.
Calculations: The indicator calculates cumulative volume and then computes the Accumulation/Distribution (AD) value based on price and volume data. The SADROC is calculated as the Rate of Change of the exponential moving averages of the price. The difference between these two values is further smoothed to generate the final SADROC value.
Plotting: The indicator plots the SADROC line and a signal line on the chart. Additionally, it includes a histogram that visually represents the difference between SADROC and the signal line.
Here's a breakdown of its key elements:
Inputs: Users can customize the indicator by specifying the fast length, slow length, and signal length to fit their preferences.
Calculations: The indicator calculates cumulative volume and then computes the Accumulation/Distribution (AD) value based on price and volume data. The SADROC is calculated as the Rate of Change of the exponential moving averages of the price. The difference between these two values is further smoothed to generate the final SADROC value.
Plotting: The indicator plots the SADROC line and a signal line on the chart. Additionally, it includes a histogram that visually represents the difference between SADROC and the signal line.
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
KP
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。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
KP
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。