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Linear Average Price

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What is "Linear Average Price"?
"Linear Average Price" is both a trend and an overbought oversold indicator .

What it does?
it creates a trendline and trading zones.

How it does it?
To create the trend line, it averages the difference between each data and chooses it as the slope of the line it creates. then it positions this line so that it passes right through the middle of the data at hand. It uses standard deviation to create trading zones.

How to use it?
It can be used both to have an idea about the trend direction and to determine buy-sell zones. You can choose how many candles the indicator will calculate from the "lenght" section. The "range" part is the coefficient of the standard deviation and can be used to expand or collapse zones.




發布通知
source added.
Now you can use this indicator with other indicators. All you have to do is to select an indicator from the "source" section, and then if the indicator you selected is in the lower section, then take the "linear average price" indicator into the lower section.
rsi with linear average price: 快照
macd with linear average price:快照
default value is set to 200.
buysellzonebuysellzonesLinear RegressionoverboughtoversoldtrendTrend Analysistrendlinesettrendtrading

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?

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