True Range Outlier Detector (TROD)
True Range Outlier Detector (TROD) shows you weather or not a candle is larger than normal. This works by taking the normalized true range and if the candle exceeds a score of 0.5 or -0.5 it triggers the outlier detection. This is great for building strategies if you want to refrain from buying larger than normal up or down ticks. The only feature is the ability to change the lookback period of the normalization. I hope you find this as useful as I do!
Enjoy!
Enjoy!
Phát hành các Ghi chú:
Added a mode that uses open/close
Phát hành các Ghi chú:
fix on the bool lol whoops
Phát hành các Ghi chú:
Face lift and added adjustable levels