OPEN-SOURCE SCRIPT
Analysis of trend and volume dispersion
Volume trend and dispersion analysis is a data model; remember that the model is a map, not the earth. The best are the supports and resistances, this is an auxiliary, a thermometer.
The price is modeled with volume and a seasonal adjustment.
It is an effort to use simple and efficient RSI without much noise and with seasonally adjusted values; in addition, it is designed to be used with long-term investments.It is a very simple seasonal adjustment, the price is passed through a Gaussian filter with symmetrical impulse response and compared to its flow during the year.In the example shown with a moving average, the colors show the price versus the seasonal price, that is, if the trend is accelerating or slowing down versus the year.
Comments <- are always welcome
Finally, this "indicator" is subject to terms and conditions if that is not contrary to tradingview policy.
Original By david Ochoa at TradingView Site;
+ It can be distributed, modified or inspired for free including its variants and material for which it has served as inspiration ALWAYS mentioning tradingview and the author ...
+ Can be used without warranty for damages, injury or trauma
+ Can be used for -your personal business- with this exceptions:
+ CanNOT be sold
+ CanNOT be modified or inspired for variants and take credit
The price is modeled with volume and a seasonal adjustment.
It is an effort to use simple and efficient RSI without much noise and with seasonally adjusted values; in addition, it is designed to be used with long-term investments.It is a very simple seasonal adjustment, the price is passed through a Gaussian filter with symmetrical impulse response and compared to its flow during the year.In the example shown with a moving average, the colors show the price versus the seasonal price, that is, if the trend is accelerating or slowing down versus the year.
Comments <- are always welcome
Finally, this "indicator" is subject to terms and conditions if that is not contrary to tradingview policy.
Original By david Ochoa at TradingView Site;
+ It can be distributed, modified or inspired for free including its variants and material for which it has served as inspiration ALWAYS mentioning tradingview and the author ...
+ Can be used without warranty for damages, injury or trauma
+ Can be used for -your personal business- with this exceptions:
+ CanNOT be sold
+ CanNOT be modified or inspired for variants and take credit
Script de código abierto
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.