OPEN-SOURCE SCRIPT
PLRR
The PLRR measures the normalized deviation of price returns from power law growth, with respect to volatility - i.e. the standard deviation of price since the chosen date.
I got this idea from that twitter post in the Ask A channel.
The guy uses a 365 day lookback.
I tried to recreate it. It's not nearly the same, but it doesn't look too bad, so I decided I'd share it.
You can play with the rescaling to perhaps gain better green and red areas. They're set to max/min +-2.5z by default, change them to 3 or something I don't know, whatever tf you want.
Woof.
I got this idea from that twitter post in the Ask A channel.
The guy uses a 365 day lookback.
I tried to recreate it. It's not nearly the same, but it doesn't look too bad, so I decided I'd share it.
You can play with the rescaling to perhaps gain better green and red areas. They're set to max/min +-2.5z by default, change them to 3 or something I don't know, whatever tf you want.
Woof.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
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。
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。