3D Integrated Price Mass (3xRes Log 46-200) [acatwithwithcharts]
This is a 3x resolution version of my 3D Integrated Price Mass indicator, which already more or less at the exact limit of how far you can push Pinescript before it throws up errors.
In 3D Integrated Price Mass, I took Mark Whistler's WAVE-PM indicator and first integrated the result by taking a running total of the period number then re-averaged it in order to make it range-bound. This means that a 14-period WAVE-PM is normal, but as the period number increases it increasingly becomes the average of periods below it. In theory, this should create a measurement for the "impulse" of the "force" of a volatility expansion. I plotted 32 period lengths from 14 to 600 at height equal to their length, reading out colors based on their value. I chose those lengths to create a relatively continuous indicator on log scale.
What I really wanted to do though was to (1) have the option to view this indicator in either linear or log and (2) not lose as much data resolution across nearly 600 periods. Within the limitations of Pinescript, the best solution I could find was to make multiple indicators hard-coding the different period lengths to create linear and log ranges such that I could make a composite heatmap with several different indicators on the same pane.
This is the 2nd of 3 indicators for log scale 3x resolution Integrated Price Mass.
Fair warning: this more than my other published indicators can take awhile to load and sometimes times out, requiring changing TFs, symbols, or reapplying the indicator to refresh it.
I am posting these as invite-only and have a short list of collaborators in mind who will get access if they want it. It is not being made available to the general public as of this posting; I’m vaguely working towards eventually offering being able to offer some sort of paid indicator offering in the future.
Rather than shut the door entirely, I will say that if someone approaches me by PM with a really interesting idea on how they’d like to test this or my other indicators, I’m willing to consider giving access. I’m not giving this away just to anyone who asks and will, for my own time and sanity, probably just ignore requests by people who don't come to me already knowing what this indicator does and how they might want to use it.
I will also say that I am interested in ideas for other applications for heatmap indicators. If you think you have an interesting idea/proposal/collaboration to propose, feel free to PM me.
In 3D Integrated Price Mass, I took Mark Whistler's WAVE-PM indicator and first integrated the result by taking a running total of the period number then re-averaged it in order to make it range-bound. This means that a 14-period WAVE-PM is normal, but as the period number increases it increasingly becomes the average of periods below it. In theory, this should create a measurement for the "impulse" of the "force" of a volatility expansion. I plotted 32 period lengths from 14 to 600 at height equal to their length, reading out colors based on their value. I chose those lengths to create a relatively continuous indicator on log scale.
What I really wanted to do though was to (1) have the option to view this indicator in either linear or log and (2) not lose as much data resolution across nearly 600 periods. Within the limitations of Pinescript, the best solution I could find was to make multiple indicators hard-coding the different period lengths to create linear and log ranges such that I could make a composite heatmap with several different indicators on the same pane.
This is the 2nd of 3 indicators for log scale 3x resolution Integrated Price Mass.
Fair warning: this more than my other published indicators can take awhile to load and sometimes times out, requiring changing TFs, symbols, or reapplying the indicator to refresh it.
I am posting these as invite-only and have a short list of collaborators in mind who will get access if they want it. It is not being made available to the general public as of this posting; I’m vaguely working towards eventually offering being able to offer some sort of paid indicator offering in the future.
Rather than shut the door entirely, I will say that if someone approaches me by PM with a really interesting idea on how they’d like to test this or my other indicators, I’m willing to consider giving access. I’m not giving this away just to anyone who asks and will, for my own time and sanity, probably just ignore requests by people who don't come to me already knowing what this indicator does and how they might want to use it.
I will also say that I am interested in ideas for other applications for heatmap indicators. If you think you have an interesting idea/proposal/collaboration to propose, feel free to PM me.
Versionshinweise:
Updated to change the attribution in the title from “acatwithcharts” to “SharkCharts.live”.
I'm excited to announce that we're putting the finishing touches on a subscription service for the volatility theory indicators, and assuming no hiccups will launch them within days. Subscriptions will be available in several packages through SharkCharts.live
Current pricing and subscription details will be kept up-to-date on SharkCharts.live
I'm excited to announce that we're putting the finishing touches on a subscription service for the volatility theory indicators, and assuming no hiccups will launch them within days. Subscriptions will be available in several packages through SharkCharts.live
Current pricing and subscription details will be kept up-to-date on SharkCharts.live
Versionshinweise:
Fixed incorrect range published for the 46-200 range.
My volatility-based indicators are available for sale at SharkCharts.live
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord discord.gg/YVpTeSK