Average Angular Change [DW]

This is an experimental study combining the Kaufman Adaptive Moving Average (KAMA) and basic trigonometry to calculate the average angular change of price.

Nota Keluaran

Updates:

Calculation Updates:
-> The previous version of this script was lacking in responsiveness due to the dampened response of Kaufman's Adaptive Moving Average. Due to this, the filter type has been switched to EMA.
-> The filtration method is now applied after the angular change is calculated rather than before. The results are a bit more responsive to price movements when applied this way.
-> The thresholds are no longer based on arbitrary choices. Instead, they are based on a cumulative average of the AAC's distance from 0.

Decluttering:
-> Cleaned up the script. Reduced clutter and removed variables that didn't serve any purpose.

Changed the the aesthetics:
-> AAC is now displayed as columns.
-> The color scheme has been altered. Easily discern trend direction and whether the market is pulling back or reinforcing the trend.
-> Bar colors have been added to the script. The color scheme is the same as the oscillator's color scheme.

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

DonovanWall

For my full list of premium tools, check the blog:
wallanalytics.com/

Reach out on Telegram:
t.me/DonovanWall

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

DonovanWall

For my full list of premium tools, check the blog:
wallanalytics.com/

Reach out on Telegram:
t.me/DonovanWall

Juga pada: