This script provides a plot of the 1st, 2nd, and 3rd time derivatives of a chart. All three lines being above the zero point (being positive) indicates a high likelihood of an upward trend, while all three lines being below the zero point (being negative) indicates a high likelihood of a downward trend.
Thanks, could you explain what is the use of smoothing length?
Blackstar06
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Hi, and thank you for the script ! one quick question for my understanding. Why don't you write " del2src = sma(delsrc-delsrc[len],sm) " ? I'm really interested in the jerk added value in trading :) Thank you !