OPEN-SOURCE SCRIPT
Volume Entropy
Key Components:
📍Natural Logarithm Function: The script starts by employing a custom Taylor Series approximation for natural logarithms. This function serves to calculate entropy with higher accuracy than conventional methods, laying the foundation for further calculations.
📍Entropy Calculation: The core of this indicator is its entropy function. It employs the custom natural log function to compute the randomness of the trading volume over a user-defined micro-pattern length, offering insights into market stability or volatility.
📍Micro-Pattern Length: This is the parameter that sets the stage for the level of detail in the entropy calculation. Users can adjust it to suit different time frames or market conditions, thus customizing the indicator's sensitivity to randomness in trading volume.
📍Natural Logarithm Function: The script starts by employing a custom Taylor Series approximation for natural logarithms. This function serves to calculate entropy with higher accuracy than conventional methods, laying the foundation for further calculations.
📍Entropy Calculation: The core of this indicator is its entropy function. It employs the custom natural log function to compute the randomness of the trading volume over a user-defined micro-pattern length, offering insights into market stability or volatility.
📍Micro-Pattern Length: This is the parameter that sets the stage for the level of detail in the entropy calculation. Users can adjust it to suit different time frames or market conditions, thus customizing the indicator's sensitivity to randomness in trading volume.
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。
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。
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。