Revision of tedtalksmacro's risk-on metric. Number go up means global markets are more risk-on; number go down means more risk-off. Weights now allow you to adjust the weights of various elements of the indicator. These are exponentials with the weight being the power / 10.
I.e. setting gold's weight to 10 takes it's value ^ (10 / 10). Setting it to 5 would square root it (^5/10 = ^1/2) while 20 would square it (^20/10 = ^2).
A green line means "riskONess" has gone up in the last day, red means down.
Resolution minimum for the indicator is 1D due to TradingView's limitations.
I.e. setting gold's weight to 10 takes it's value ^ (10 / 10). Setting it to 5 would square root it (^5/10 = ^1/2) while 20 would square it (^20/10 = ^2).
A green line means "riskONess" has gone up in the last day, red means down.
Resolution minimum for the indicator is 1D due to TradingView's limitations.
ملاحظات الأخبار:
Uncapped weights. Negative weights will effectively let you treat them as inverse elements (GOLD is risk-off, but a -10 weight would treat it as risk on).
Also option for EMA.
Also option for EMA.
ملاحظات الأخبار:
V3 allows you to select up to 8 elements and designate any of them as risk-on or risk-off indicators.
Weights similar, though no negative values (just turn it risk-on or risk-off)
EMA available, defaults to OFF.
Weights similar, though no negative values (just turn it risk-on or risk-off)
EMA available, defaults to OFF.
ملاحظات الأخبار:
Added 2 factor slots for up to 10 factors.
Also changed line color to gray if no change in indicator value.
Also changed line color to gray if no change in indicator value.
ملاحظات الأخبار:
Updated it to allow users to select the timeframe they want rather than fixing it at 1D.
Note: at timeframes lower than 1D, this sometimes causes the script to hang, never load, or throw an error. Haven't been able to isolate why.
Note: at timeframes lower than 1D, this sometimes causes the script to hang, never load, or throw an error. Haven't been able to isolate why.
ملاحظات الأخبار:
Last edit was a bit hasty, forgot to uncomment some code.
ملاحظات الأخبار:
Last of update spam.
Added deviations: triangles are bullish/bearish deviations, arrows hidden bullish/bearish.
Added deviations: triangles are bullish/bearish deviations, arrows hidden bullish/bearish.
ملاحظات الأخبار:
Fixed error.
Lower timeframes sometimes don't work. If so, try removing and re-adding securities individually. Looking into the what and why it's doing this.
Lower timeframes sometimes don't work. If so, try removing and re-adding securities individually. Looking into the what and why it's doing this.
ملاحظات الأخبار:
♦Improved UI for settings menu
♦Fixed VIX - formerly was making lower timeframes hang if used
♦Fixed VIX - formerly was making lower timeframes hang if used
ملاحظات الأخبار:
Typo + had RiskOn/Off switched after UI update.
ملاحظات الأخبار:
Updated to 10 default risk indicators (5 on, 5 off).
Updated RiskON ribbon for better look.
Updated RiskON ribbon for better look.
ملاحظات الأخبار:
♦now allows 12 factors
♦can select whether your asset is risk on or off
♦now shows deviations between the selected asset and risk-on or risk-offness. If riskON is up and the asset is down the deviation is denoted with a "+". If RiskON is down and the asset is up, it's denoted with a "-".
♦cleaned up inputs into groups. MUCH cleaner and easier to navigate now
♦ditched old deviations as they generally registered too slowly to be actionable.
♦can select whether your asset is risk on or off
♦now shows deviations between the selected asset and risk-on or risk-offness. If riskON is up and the asset is down the deviation is denoted with a "+". If RiskON is down and the asset is up, it's denoted with a "-".
♦cleaned up inputs into groups. MUCH cleaner and easier to navigate now
♦ditched old deviations as they generally registered too slowly to be actionable.
ملاحظات الأخبار:
Added bullish/bearish divergences.
ملاحظات الأخبار:
Fixed bug
ملاحظات الأخبار:
Fixed issue with candles being wrong color.
ملاحظات الأخبار:
Updated default 10 elements to extend before 2018.
Added ability to toggle between candle color being based on close > prev. close (default) or close vs open (enable "Delta Close Color")
Also added a current-value line.
Added ability to toggle between candle color being based on close > prev. close (default) or close vs open (enable "Delta Close Color")
Also added a current-value line.
ملاحظات الأخبار:
Better chart preview
ملاحظات الأخبار:
Better chart