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Rebalance Oscillator

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Rebalancing is a common strategy to reduce risk and achieve a constant portfolio ratio between two tokens. It shifts between two values in order to keep a static ratio between them as their value oscillates.

However what is less known about rebalancing is that it provides a way to remove the noise from a signal, effectively showing us the points where to buy and to sell.

This works best in highly volatile tickers, between two tokens that are not correlated and show a high std deviation between them (i.e. XTZUSD is a better signal for this than XTZBTC).

The buying bars are marked in blue, and the selling bars are marked in red, in a similar fashion to Trading View strategy orders.
Nota Keluaran
In this revision the chart is inverted (Top represent sales - red values; Bottom represent buys - blue values).

The code is simpler and uses two libraries.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.