OPEN-SOURCE SCRIPT
Natural Market Slope [CC]
Aktualisiert
The Natural Market Slope was created by Jim Sloman and this is one of his many Ocean Indicators which I'm publishing thanks to receiving source materials from altcoinz and @tmac87. I did completely rewrite the formula for this indicator but I commented out the original calculation so you can compare or just for study purposes. I like this version better because it is very smooth and the original formula is a bit faster with response but is very choppy in comparison.
This indicator was the basis for his Natural Market Combo which I will be publishing very soon so stay tuned for that. The idea behind all of his Natural indicators was to use the natural log of the current price in different ways. This indicator obviously focuses on the slope and it essentially becomes another momentum indicator which peaks when the upward momentum is gone and vice versa. Buy when the line turns green and sell when it turns red. I have added strong buy and sell signals in addition to the normal ones and strong signals are darker in color in comparison to the original lighter colors.
Let me know if there are any other indicators you would like to see me publish!
This indicator was the basis for his Natural Market Combo which I will be publishing very soon so stay tuned for that. The idea behind all of his Natural indicators was to use the natural log of the current price in different ways. This indicator obviously focuses on the slope and it essentially becomes another momentum indicator which peaks when the upward momentum is gone and vice versa. Buy when the line turns green and sell when it turns red. I have added strong buy and sell signals in addition to the normal ones and strong signals are darker in color in comparison to the original lighter colors.
Let me know if there are any other indicators you would like to see me publish!
Versionshinweise
Added a multiplier to compensate for prices that are very lowOpen-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.
Möchten Sie dieses Skript auf einem Chart verwenden?
I created the largest stock indicator library:
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Haftungsausschluss
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