PROTECTED SOURCE SCRIPT
Cập nhật DVI Bands
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.
Phát hành các Ghi chú
- Introduced markers to indicate points where the DVI pierces above/below the upper/lower DVI-Band.
Phát hành các Ghi chú
Adjusted markers plot position.Phát hành các Ghi chú
Changed default analysis length.Phát hành các Ghi chú
Adjusted size and transparency of crossover markers.Phát hành các Ghi chú
Updated vwma smoothing default.Phát hành các Ghi chú
Script now allows users to select the carrier MA mode onto which the DVI is superimposed.Phát hành các Ghi chú
Added linreg carrier mode.Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. However, you can use it freely and without any limitations – learn more here.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. However, you can use it freely and without any limitations – learn more here.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.