chroonix

Market Trend Oscillator

chroonix Aktualisiert   
Market Trend Oscillator segments the market into ranged bound and trending aspect. The threshold level segregates both types of market. With higher level, both the risk and reward lower down.

The MTO indicator, is based on Standard Deviation, difference between highest high and lowest low, ATR and ADR. There are two different volatility aspect which are:
  1. Volatility according to the movement of one price e.g. closing price.
  2. Volatility according to the candles.

The minimum of both these aspects gives an insight into the volatility of the market. To segregate a dynamic value with ATR and ADR is used with the threshold level. Moreover, the volatilities can be smoothed to have a smoother decision making.
Versionshinweise:
Market Trend Oscillator segments the market into ranged bound and trending aspect. The threshold level segregates both types of market. With higher level, both the risk and reward lower down.

The MTO indicator, is based on Standard Deviation, difference between highest high and lowest low, ATR and ADR. There are two different volatility aspect which are:
  1. Volatility according to the movement of one price e.g. closing price.
  2. Volatility according to the candles.

The minimum of both these aspects gives an insight into the volatility of the market. To segregate a dynamic value with ATR and ADR is used with the threshold level. Moreover, the volatilities can be smoothed to have a smoother decision making.
Versionshinweise:
Market Trend Oscillator segments the market into ranged bound and trending aspect. The threshold level segregates both types of market. With higher level, both the risk and reward lower down.

The MTO indicator, is based on Standard Deviation, difference between highest high and lowest low, ATR and ADR. There are two different volatility aspect which are:
  1. Volatility according to the movement of one price e.g. closing price.
  2. Volatility according to the candles.

The minimum of both these aspects gives an insight into the volatility of the market. To segregate a dynamic value with ATR and ADR is used with the threshold level. Moreover, the volatilities can be smoothed to have a smoother decision making.
Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?