The atto-Trend is based on a high-level statistical analysis to fit price movements with acceptable smoothness and accuracy as a baseline function. Due to high volatile in markets, this fitting calculation still needs a (re-)smoothing step with a modified Tillson-T3 approach. The fitted and smoothed data is tracking with ATR based trailing stop mechanism.
A utility tool for getting interesting weekdays statistics.
26 sources (standard prices, volumes, ranges)
Readable and optimized code
How to interpret
The darker the color, the stronger the weekday dominance
oo2 , (open + previous open) / 2
oh2 , (open +...
Lets say you want to layer into a position and you'd like to see it turn around. The study lets you set a baseline and increments above and below that baseline. A green cross is plotted ever time the price crosses above one of the increments, and red when crossing below that increment.
In the example I set the baseline to $22.1, and Layer increments to $0.50....
A "Guitar Hero" oscillator for getting interesting weekdays statistics.
Ability to counting totals starting from specific date or from overall history
Readable and optimized code
Highest Rate Of Change
Lowest Rate Of Change
The Power Momentum indicator calculates momentum in a different way. The graph may look similar. The important part is the color of the bars.
If you set the "Base Line" to "Zero", there are two important things to notice. The orange color when the bars are below the base and the blue color when the bars are above the base.
If you set the "Base Line" to "Stats",...
The Path uses a statistical method that I have developed to indicate possible Lows and Highs of the current bar for the selected time frame. You can see the range at the opening of the bar. You can narrow or widen the range by changing the "Range %".
What does The Path indicate?
The Path uses a statistical method and calculates the limits of the bar. For...
This indicator is meant as a means to assess the significance ("strength") of a Moving Average , in other words how likely it is that price action is going to find support or resistance at the MA.
How it works
When the high or low of a candle is within the band around the MA defined by the "fuzziness" parameter, the significance of the MA increases...
Support and Resistance levels based on statistical methods
This is an autonomous Support and Resistance (S&R) indicator that locates levels where the price of an asset is likely to meet resistance or support. It works on all timeframes, and on any asset. It is more advanced than many other indicators that purport to do the same thing.
How to use Pinks...
// The script is useful to inspect probability:
// If previous day closed at lowest price for several days
// how often next day would be red bar
// As one can see gray lines indicate bars with lowest close. If next bar is green, increment diff_hi, overwise increment diff_lo
// Probability is counted as diff_lo / (diff_hi+diff_lo)
// One can copy script and...