OPEN-SOURCE SCRIPT
New Map For Traders
Using previous principles, This setup plots 60 moving averages on the chart. The averages are colored using a normalized oscillation technique (FFT).
To achieve the same display as above, put the same indicator twice and set the 'osx' parameter of one to 0 and the other to 2.
Feel free to play with the 'mul' parameter in ranges between 1-90. Most useful ranges will be 4-16 in my opinion.
Leave me a message if you'd like to explore the behaviors of the fractal dimension further ;)
To achieve the same display as above, put the same indicator twice and set the 'osx' parameter of one to 0 and the other to 2.
Feel free to play with the 'mul' parameter in ranges between 1-90. Most useful ranges will be 4-16 in my opinion.
Leave me a message if you'd like to explore the behaviors of the fractal dimension further ;)
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