OPEN-SOURCE SCRIPT
% Sensitivity MA
Aktualisiert
Modifying an existing indicator is one thing, but creating an entirely new indicator is a totally different thing that involves even more creativity!
Today, I accomplished the latter by creating a brand new indicator. It's called "% Sensitivity MA". What does it do? Well, it's pretty much like any moving average, it tells you the trend. When the % Sensitivity MA is green, it's an uptrend, and vise versa for when it's red. Here's the calculation:
% Sensitivity MA (n,src) = ma.prev + (n/100) * (src - ma.prev)
where:
n - parameter that determines % sensitivity from 0 to 100.
src - parameter that determines the source. (default: close)
ma.prev - previous value of % Sensitivity MA.
Note:
- % Sensitivity MA has no parameter for lookback period.
- The n parameter is limited to a value between 0 and 100.
- Higher n values are more sensitive. (So, 100 is maximum sensitivity.)
- The value of the n parameter can have an unlimited number of decimal places. (making this indicator very precise!)
- I recommend n values closer to 0 than 100.
- For the source, I recommend closing prices.
Good luck, and enjoy!
Today, I accomplished the latter by creating a brand new indicator. It's called "% Sensitivity MA". What does it do? Well, it's pretty much like any moving average, it tells you the trend. When the % Sensitivity MA is green, it's an uptrend, and vise versa for when it's red. Here's the calculation:
% Sensitivity MA (n,src) = ma.prev + (n/100) * (src - ma.prev)
where:
n - parameter that determines % sensitivity from 0 to 100.
src - parameter that determines the source. (default: close)
ma.prev - previous value of % Sensitivity MA.
Note:
- % Sensitivity MA has no parameter for lookback period.
- The n parameter is limited to a value between 0 and 100.
- Higher n values are more sensitive. (So, 100 is maximum sensitivity.)
- The value of the n parameter can have an unlimited number of decimal places. (making this indicator very precise!)
- I recommend n values closer to 0 than 100.
- For the source, I recommend closing prices.
Good luck, and enjoy!
Versionshinweise
>>>close > ma? ---> green if true, otherwise red.
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.
Haftungsausschluss
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