sheganinans

Daily Play Ace Spectrum

So the idea of the Daily Play Ace Spectrum is to extend the Ace Spectrum.
By exposing more parameters, making a variation of the Ace Spectrum which is more configurable.

The idea is this makes the Daily Play Ace Spectrum more suitable for use on shorter (hourly and minute) time scales.

These specific parameters exposed still maintain the original form of the original Ace Spectrum, but loosen up the hard coded assumptions of the original indicator.
By exposing more parameters this now makes the Daily Ace Spectrum more sensitive to input.
Meaning the parameters you choose are important and will set the characteristic reaction of the indicator to the series you give it.

This presents a trade-off, the simplicity of the original indicator is sacrificed.
But what's gained is a more comprehensive indicator that now needs more careful parameter adjustment.

Related to the Ace Spectrum:
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

500 Coins
+3 Antworten
For a video explaining the idea behind this indicator see:
+5 Antworten
The beauty of such an indicator is the idea and also short code. Nice job
+2 Antworten
This publication is now featured in our Editors' Picks. In the name of all TradingView traders, thank you for your valuable contribution to the TradingView community, and congrats!
+2 Antworten
sheganinans PineCoders
@PineCoders, Thanks!
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Com certeza é o indicador mais bonito que já ví. Parabéns.
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Love this indicator! Could you share what each parameter input does?
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This is definitely the most beautiful indicator ever
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Awesome job. Thanks a lot for your hard work.
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It’s a good work keep it up
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