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Mocker Market Mean Indicator

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The objective of this indicator is to find the historical mean price of a market ( Intended for Indexes or ETF's). Based off of the concept that Benjamin Graham taught, that Mr. Market is a manic depressive forever oscillating between unjustified pessimism to extreme optimism. The intent of this indicator is to supplement a regular allocation strategy to an index or ETF , to increase that allocation when it's trading below its historical mean and decrease when trading above. It does this by using an exponential regression model to find the closest approximation of the current mean price based on past growth rate, and user defined lookback period.

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.