INVITE-ONLY SCRIPT
Telah dikemas kini

Simple Rejection Averages

35
A simple tool used to visualize top and bottom-side rejection on candles, along with moving averages to clarify where the weight of rejection lies.
Nota Keluaran
Updated visualization to print a single column per candle, in the color of larger rejection.

At it's core, the greater of two wicks is being subtracted by the lesser, and a column is printed based on which of the two rejections was greater.
Nota Keluaran
Added MAs.
Nota Keluaran
Corrected MA coloring.
Nota Keluaran
Updated MAs to plot as circles, for better visual clarity.
Nota Keluaran
Updated to remove standard moving average; replaced with a sigma 3 st dev osc in magenta to better identify extreme rejection circumstances.
Nota Keluaran
Cleaned up code.

Circles are used to represent individual SRAs, defined in length by user input. A series of magenta circles above green indicate a trend of bearish rejection, and vice versa.

A magenta signal line has been included to identify where the sigma 3 extension is of the impartial SRA, considering both top and bottom-side rejection in absolute terms.

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.