Trend Probabilty Indicator - MultiTimeFrame (MTF TPI)

The Ultimate TPI
the FINAL TPI SCORE is plotted on the chart (Between -1 and 1). (Small number on the right hand side).
Shows the aggregated score of 3 different timeframes plus the total score of all 3 in the Total TPI Score Table Cell.
There has been a lot of mods to this, and the description is roughly accurate. Check it out and learn how it works. If you have any questions hit me up.
LFG!!!
Timeframe is always FIXED at 1D, 2D, 4D for each respective table.
TPI FINAL PLOT includes the total TPI AVG, averaged alongside salxx's EMA Bands and Back's VWMA.
Final plot is now a histogram of RoC. the RoC tables are calculated from final plot and not total TPI score.
Includes the option to add correlation to the final TPI score. Correlation has 3 timeframes and 5 tickers. Fuck around and find out.
FINAL TPI Score is weighted like this: TPIx2. EMAx1. VWMAx1. Correlationx1 (if turned on).
This TPI also includes an RSI for Relative Strength, Volume and Sentiment. It has a sentiment zone oscillator built in for a general sentiment reading. A Volume Trend Indicator built in for general volume reading. The 9 and 21 day EMA bands are calculated as the distance between each other compared to the overall asset price. This is plotted in the Relative Strength % Table Cell. Use this number to compare against other assets to determine relative strength. The higher the number, the higher the relative strength.
You can also set your own weightings for each factor.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.