OPEN-SOURCE SCRIPT
已更新 SMU Stock Thermometer

This script shows various technical indicators in a stacked vertical candle called Market Termometer.
It helps to see the price action in one single vertical column where the actual price moves up or down. So you can see the price change based on your custom setting levels.
I've been studying ALGO for over a year and made many live experiment trades long and shorts. So, I'm trying to find a way to see what is ALGos next move. If it sounds far-fetch, then you should see my other published scripts.
Here is example of how ALGo dance around old indicators, which is why I started creating a bunch of new indicators that ALGO doesn't know
Example:
Impact-driven-algorithm= Large volume masked as small volume to keep the price at desired level. So, your chart says overbought but market doesn't drop for days
Cost-driven-algorithm= Hedge fund buy every time at lower price and prevent others to buy low, moving up fast. Is like a clock with millisecond timing and ALGO owners know when to buy low and when to sell high
If you have a good idea, let me know so i can include it the future versions.
Enjoy and think outside the box, the only way to beat the ALGO
It helps to see the price action in one single vertical column where the actual price moves up or down. So you can see the price change based on your custom setting levels.
I've been studying ALGO for over a year and made many live experiment trades long and shorts. So, I'm trying to find a way to see what is ALGos next move. If it sounds far-fetch, then you should see my other published scripts.
Here is example of how ALGo dance around old indicators, which is why I started creating a bunch of new indicators that ALGO doesn't know
Example:
Impact-driven-algorithm= Large volume masked as small volume to keep the price at desired level. So, your chart says overbought but market doesn't drop for days
Cost-driven-algorithm= Hedge fund buy every time at lower price and prevent others to buy low, moving up fast. Is like a clock with millisecond timing and ALGO owners know when to buy low and when to sell high
If you have a good idea, let me know so i can include it the future versions.
Enjoy and think outside the box, the only way to beat the ALGO
發行說明
This is second version, with some revision to the code to work in lower time frames and I removed fixed user input to keep it dynamic for any stock out of the box. It is still a WIP from my perspective but I don't want perfect becomes enemy of the good. In my other life, I manage software development using Agile techniques. So, I rather publish early with what I have and polish later. So, if you see the code is untidy or bells and whistles are missing, is because the concept and rapid sharing to get feedback in my view are for more importantI've tried to reach to top scripters to start a collaboration and making slow progress. We need to work together, share knowledge to survive.
Enjoy
發行說明
This new version kicks ALH=GO's ass. I was going to wait to publish later at US cash open it but since AISA is no open open and SPX going down, I release this interim version. Check the Market Strength (Black) candle ot has gone below my lowest part of thermometer. If you trade Follow me as I change this particular indicator today since market was closed when I designed it and couldn't see its full potential.
Enjoy
發行說明
Optimisation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。
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。