OPEN-SOURCE SCRIPT

Average Open-to-X Analysis (OHA)

Diupdate
Description:

The Average Open-to-X Analysis (OHA) indicator provides a comprehensive look at the average price differences between the opening price and the subsequent high, low, and closing prices over a specified lookback period. This allows traders to quickly assess average price movements relative to the open, offering insights into potential volatility and trading opportunities.

Key Features:

Average Differences: Calculates and plots the average differences between:
Open to Close
Open to Low
Open to High
Average of Averages: Calculates and plots the average of the above three averages, providing a consolidated view of overall price movement.
Percentage Changes: Displays both the absolute average differences and their corresponding percentage changes relative to the opening price.
Customizable Lookback Period: Users can adjust the number of bars to consider for the average calculations.
Visual Presentation: Presents the results in both line plots and a clear table for easy interpretation.
Color-Coded Insights: Uses color to highlight the direction of the average price movements (positive or negative).
How to Use:

Add the Indicator: Search for "Average Open-to-X Analysis (OHA)" in TradingView's indicator library.
Customize: Adjust the lookback period and color settings as desired.
Interpret:
Positive Averages: Indicate an upward bias from the open.
Negative Averages: Suggest a downward bias from the open.
Large Percentages: Signal potentially greater volatility.
Average of Averages: Provides an overall sense of price direction and strength.
Additional Notes:

The OHA indicator can be used on various timeframes to identify recurring patterns in price behavior relative to the open.
Combine OHA with other indicators and technical analysis tools for a more comprehensive trading strategy.
Catatan Rilis
Description:

The Average Open-to-X Analysis (OHA) indicator provides a comprehensive look at the average price differences between the opening price and the subsequent high, low, and closing prices over a specified lookback period. This allows traders to quickly assess average price movements relative to the open, offering insights into potential volatility and trading opportunities.

Key Features:

Average Differences: Calculates and plots the average differences between:
Open to Close
Open to Low
Open to High

Average of Averages: Calculates and plots the average of the above three averages, providing a consolidated view of overall price movement.

Percentage Changes: Displays both the absolute average differences and their corresponding percentage changes relative to the opening price.

Customizable Lookback Period: Users can adjust the number of bars to consider for the average calculations.

Visual Presentation: Presents the results in both line plots and a clear table for easy interpretation.

Color-Coded Insights: Uses color to highlight the direction of the average price movements (positive or negative).
How to Use:

Add the Indicator: Search for "Average Open-to-X Analysis (OHA)" in TradingView's indicator library.

Customize: Adjust the lookback period and color settings as desired.

Interpret:
Positive Averages: Indicate an upward bias from the open.
Negative Averages: Suggest a downward bias from the open.
Large Percentages: Signal potentially greater volatility.
Average of Averages: Provides an overall sense of price direction and strength.

Additional Notes:

The OHA indicator can be used on various timeframes to identify recurring patterns in price behavior relative to the open.
Combine OHA with other indicators and technical analysis tools for a more comprehensive trading strategy.
Catatan Rilis
Buy and Sell Indicator for MACD with performance SCORE...
Catatan Rilis
Buy and Sell Signal for MACD with Performance % and Profit %
Catatan Rilis
Buy and Sell Signal for MACD
Moving Averages

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Inggin menggunakan skrip ini pada chart?

Pernyataan Penyangkalan