OPEN-SOURCE SCRIPT

Simple Cycle

2 702
Introduction

A simple and really clean cycle oscillator, in fact its quite precise even if the script use recursion which can sometime produce totally uncorrelated results.

On The Code

The calculations start with a who is a smoothing/averaging constant. Then comes src who is the input and is defined as the sum of the closing price with the output, then the output is high-pass filtered in b, after that the output is just the weighted average of the input change with b.

All those recursions and detrending steps make the indicator able to highlights cycles.

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.