OPEN-SOURCE SCRIPT

Mocker Market Mean Indicator

2 731
The objective of this indicator is to find the historical mean price of a market ( Intended for Indexes or ETF's). Based off of the concept that Benjamin Graham taught, that Mr. Market is a manic depressive forever oscillating between unjustified pessimism to extreme optimism. The intent of this indicator is to supplement a regular allocation strategy to an index or ETF , to increase that allocation when it's trading below its historical mean and decrease when trading above. It does this by using an exponential regression model to find the closest approximation of the current mean price based on past growth rate, and user defined lookback period.

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。