Library "RHR_CANDLE" Library for Expansion Contraction Indicator, a zero-lag dual perspective indicator based on Jake Bernstein’s principles of Moving Average Channel system.
calc(shortLookback, longLookback) Calculates Expansion Contraction values. Parameters: shortLookback (int): Integer for the short lookback calculation, defaults to 8 longLookback (int): Integer for the long lookback calculation, defaults to 32 return Returns array of Expansion Contraction values
stdevCalc(positiveShort, negativeShort, positiveLong, negativeLong, stdevLookback) Calculates standard deviation lines based on Expansion Contraction Long and Short values. Parameters: positiveShort (float): Float for the positive short XC value from calculation negativeShort (float): Float for the negative short XC value from calculation positiveLong (float): Float for the positive long XC value from calculation negativeLong (float): Float for the negative long XC value from calculation stdevLookback (int): Integer for the standard deviation lookback, defaults to 500 return Returns array of standard deviation values
trend(positiveShort, negativeShort, positiveLong, negativeLong) Determines if trend is strong or weak based on Expansion Contraction values. Parameters: positiveShort (float): Float for the positive short XC value from calculation negativeShort (float): Float for the negative short XC value from calculation positiveLong (float): Float for the positive long XC value from calculation negativeLong (float): Float for the negative long XC value from calculation return Returns array of boolean values indicating strength or weakness of trend
Pine腳本庫
秉持 TradingView 一貫的共享精神,作者將此 Pine 程式碼發佈為開源庫,讓社群中的其他 Pine 程式設計師能夠重複使用。向作者致敬!您可以在私人專案或其他開源發佈中使用此庫,但在公開發佈中重複使用該程式碼需遵守社群規範。