UCS_Transactional Valuation Index-Version 2

iShares Russell 2000 ETFArca

Huraian

⋅ 21 Jan 2015 pukul 04.21

Version 1 - tradingview.com/v/BRrxp5vv/

Updates include
Better Optimization on the levels.
Plotting only the important Highs and Lows

The extremes can be an important pivot levels.

Over and Undervalue - Gray (Column - close) (Histogram - High/Low)
Extreme conditions - Red

Extreme Alerts and Overlay will be added later.

Komen

UDAY_C_Santhakumar

⋅ 21 Jan 2015 pukul 04.27

From Back testing, Red Columns are really a strong reversal points, Indicating sustained trading to one direction and excitement or panic - For example

and Most interestingly, if it overlaps with the Shaved Bars tradingview.com/v/ZOkHiIC6/.

RickKalonji

⋅ 18 Mac 2024 pukul 07.23

How do you use / read / interpret this indicator?

Lebih