OPEN-SOURCE SCRIPT

Dirty Market Index

222
This indicator is designed to out an index displaying the level of dirtiness in market.
This level is defined by:

Sum of shadow lengths of last n candles (n is input and user can change it, it's 100 by default)
divided by
Sum of full candle bodies of last n candles (high - low)

This factor indicates how many percents of the market movement has been placed in shadows of candles, the higher this number, the dirtier market would be.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.