(JS) Sustained Velocity Index

24 thg 2, 2019

The Sustained Velocity Index is an original indicator I've created as a means to accurately measure parabolic moves to the up or down side.

Acceleration
I have added Acceleration to the equation which you can turn on and off.
This is meant to amplify the value when the move is sustained in a given direction.
What this does is amplify the reading based on consecutive green or red candles.
You can also change the Acceleration sensitivity with 5 being the strongest and 1 being the weakest.

Length
This is rather obvious - the look back period for the math formula.
However - I did include presets that I thought best suited Daily/Weekly/Monthly which you can toggle on and off

The rest of the options are purely cosmetic;

Backgroud Off - Turn the indicator background colors on and off.
Simple Background? - This toggles a simple two shade background on and off.
Background Transparency - Allows you to adjust the transparency of the background colors.
Plot Background Off? - Allows you to toggle the background inside the plot on and off.
Plot Line Color Off? - If you don't like the way the plot line changes colors, this turns it white.
Color Scheme - Four schemes to choose from, first three are color based, the last one is a plain version.
Plot Width - Adjusts the width of the plot line on the indicator.
Plot Line Value? - Toggles a line on the indicator at the current value on and off.

24 thg 2, 2019

Phát hành các Ghi chú

Small formula tweak for presets

24 thg 2, 2019

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Had to update a Bool option

24 thg 2, 2019

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Updated color ranges based on chart resolution

25 thg 2, 2019

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didn't really do anything to it - the preview pic was terrible had to switch it up lol