PROTECTED SOURCE SCRIPT
تم تحديثه 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.
ملاحظات الأخبار
- Introduced markers to indicate points where the DVI pierces above/below the upper/lower DVI-Band.
ملاحظات الأخبار
Adjusted markers plot position.ملاحظات الأخبار
Changed default analysis length.ملاحظات الأخبار
Adjusted size and transparency of crossover markers.ملاحظات الأخبار
Updated vwma smoothing default.ملاحظات الأخبار
Script now allows users to select the carrier MA mode onto which the DVI is superimposed.ملاحظات الأخبار
Added linreg carrier mode.نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
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.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
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.