OPEN-SOURCE SCRIPT
Candlestick normalizer + MA's Crossing Signaling
Aktualisiert
Well, after 25 tries I finally did it ._.
Here is the candlestick normalizer I was trying to achieve. In this way you can do a fast and not biased by price candlestick analysis, for example to catch engulfish and doji's on the go ;)
I also added a MAs crossing-over signal I optimized.
Btw, I will try to add volume signaling on this indicator. I had been thinking in 2 options:
1) Maybe as a colour/unfilled bar when volume exceed average
2) Represent the volume on the width of the candlestick.
What do you prefer? Let me know.
I hope you enjoy it!
Phi it.
Here is the candlestick normalizer I was trying to achieve. In this way you can do a fast and not biased by price candlestick analysis, for example to catch engulfish and doji's on the go ;)
I also added a MAs crossing-over signal I optimized.
Btw, I will try to add volume signaling on this indicator. I had been thinking in 2 options:
1) Maybe as a colour/unfilled bar when volume exceed average
2) Represent the volume on the width of the candlestick.
What do you prefer? Let me know.
I hope you enjoy it!
Phi it.
Versionshinweise
#Added CMF, a kind of Volume-Weighted RSI oscillator.You can study convergence and divergences with this oscillator aswell.
My main idea was to work a trend strength indicator to ease price action, volume, and candlestick analysis.
I will keep optimizing it.
Hope you enjoy it!
Versionshinweise
#Corrected the CMF position to ease the interpretation on large scales.Versionshinweise
#Optimized CMF @ 50 as it's zero, scaled to Candlestick normalization.Yellow Divergences as examples.
Versionshinweise
#Added Red-Down Arrows for Bearish Candle Patterns#Added Green-Up Arrows for Bullish Candle Patterns
#Added White-Star for Indecisive Doji Candles (+Red-Down Arrow when Doji is Bearish)
Hope you enjoy it ;)
Versionshinweise
#Added more CandlesticksViolet = Divergences on CMF
Versionshinweise
#Changed Bullish engulfish's lime to green colour#Changed Bearish engulfish's red to maroon colour
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
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