OPEN-SOURCE SCRIPT

McGinley Dynamic with FRACTAL DEVIATION BANDS by @XeL_Arjona

McGINLEY DYNAMIC with FRACTAL DEVIATION BANDS.
Ver. 1.0.beta.25.08.2015
By Ricardo M Arjona xel_arjona


DISCLAIMER

The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. -- The embedded code and ideas within this work are FREELY AND PUBLICLY available on the Web for NON LUCRATIVE ACTIVITIES and must remain as is.

WHAT IS THIS?

This is my first adaptation of the FRACTAL DEVIATION BANDS to the "McGinley Dynamic Line". Be advised that the nature of this line tend to need some adjustments at the "Smooth Factor" if you see a flat line with tiny values.

Pine Script code MOD's and adaptations by xel_arjona with special mention in regard of:
  • Morphic Numbers: (PHI & Plastic) Pine Script adaptation from it's algebraic generation formulas by @XeL_Arjona.
  • FRACTAL DEVIATION BANDS: main idea by xel_arjona


ALL NEW IDEAS OR MODIFICATIONS to these indicator(s) are Welcome in favor to deploy a better and more accurate readings. I will be very glad to be notified at Twitter or TradingVew accounts at: @XeL_Arjona. Any important addition to this work MUST REMAIN PUBLIC by means of CreativeCommons CC & TradingView.
2015
dynamicfdbfractaldeviationbandsfractalmarketMcGinley Dynamicstudy

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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