PROTECTED SOURCE SCRIPT
DVI Bands
Diupdate
A new idea of mine that I am presently experimenting on for my trades.
The DVI bands is based on my previously published DVI script:
The Directional Volume Index (DVI) is defined as follows:
DVI = VWMA (len1) - SMA (len2), where by default, len1==len2
The stdev band is derived from the DVI where:
* The DVI piercing the Stdev boundary suggests a significant move in the corresponding direction.
* Tightening of the DVI-Stdev bands can suggest the possible incoming of major move ahead.
The novel aspects and principles of this indicator and this source code are the property of © cybernetwork.
The DVI bands is based on my previously published DVI script:
The Directional Volume Index (DVI) is defined as follows:
DVI = VWMA (len1) - SMA (len2), where by default, len1==len2
- The position of the DVI above/below the current price provides volume confirmation of the direction of the price trend.
- The magnitude of the DVI above/below the current price provides the volume confirmation of the strength of the price trend.
The stdev band is derived from the DVI where:
* The DVI piercing the Stdev boundary suggests a significant move in the corresponding direction.
* Tightening of the DVI-Stdev bands can suggest the possible incoming of major move ahead.
The novel aspects and principles of this indicator and this source code are the property of © cybernetwork.
Catatan Rilis
- Introduced markers to indicate points where the DVI pierces above/below the upper/lower DVI-Band.
Catatan Rilis
Adjusted markers plot position.Catatan Rilis
Changed default analysis length.Catatan Rilis
Adjusted size and transparency of crossover markers.Catatan Rilis
Updated vwma smoothing default.Catatan Rilis
Script now allows users to select the carrier MA mode onto which the DVI is superimposed.Catatan Rilis
Added linreg carrier mode.Skrip terproteksi
Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.
Inggin menggunakan skrip ini pada chart?
Pernyataan Penyangkalan
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