Dow Factor Stoch RSI

The indicator was generated by adding the Dow Factor to the Stochastic Relative Strength Index.( Stoch RSI )

The Dow factor is the effect of the correlation coefficient, which determines the relationship between volume and price, on the existing indicators.
With these codes we are able to integrate them numerically into the indicators.

For more information on the Dow factor, please see my indicator:

This code is open source under the MIT license. ( github.com/user-Noldo )

My dow factor updates will continue.We adapted the indicators and saw successful results, now it is time to examine and develop the factor itself.

Stay tuned , best regards.

Catatan Rilis

Update : Dow Factor Stoch RSI v2.0
The index factor in the Dow theory was taken into account .
It now takes into account the effect of volume and index - independent variable, the price(source-close) - dependent variable.
Before starting the analysis, select the relevant market from the menu, the system will set the appropriate index itself.
Factor loads were adjusted.

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.

Noldo

Pernyataan Penyangkalan

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Skrip open-source

Noldo