OPEN-SOURCE SCRIPT

GBPNZD above/below count

2 371
This is similar to my earlier GBPNZD pairs slope indicator. This indicator determines if the close of a pair (highly correlated pairs to GBPNZD) is higher or lower than a common displaced moving average. If it is above, a count of 1 * corr*corr factor is assinged. For you programmers I multiply by corr*corr to erase the negative corr factor as the IF THEN statement will assign a 1 or -1. Note: I could not find an absolute value function, so corr^2 clears it. The spirit of this indicator, as with my others, is to sniff out underling movement in GBP or NZD to predict a trend change. The idea of the count comes from counting cards in blackjack. Toy around with chart time frames and the inputs to get a feel for it.

Read comments for changes to the code. I look forward to pros/cons comments.

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。