OPEN-SOURCE SCRIPT
Time Divergence - TDV [SHK]
A truly time based indicator to check the strength of the asset based on "Time". The main idea came to my mind about 2 years ago, When i was counting the candles in an impulse move and comparing it to number of retracement candles.
So i got a period (13 for example) and checked the price change between the 13 candles, Then the space between those two points (the price!) is divided to 13 (the time!).
The result can be analyzed by checking the Divergence, or checking the Linear Regression, or bollinger band, or trend lines and channels, or ...
You can also test different periods.
I'm price action trader and i don't use indicators, But i publish my past works for other users.
Hope you find new usage methods and share them in comments.
So i got a period (13 for example) and checked the price change between the 13 candles, Then the space between those two points (the price!) is divided to 13 (the time!).
The result can be analyzed by checking the Divergence, or checking the Linear Regression, or bollinger band, or trend lines and channels, or ...
You can also test different periods.
I'm price action trader and i don't use indicators, But i publish my past works for other users.
Hope you find new usage methods and share them in comments.
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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。