This is another among zillions of attempts at a moving average of a security. More precisely, two attempts at one go). The zzoid function generates a zigzag-like MA that can adopt different forms. The stepline function creates, sure enough, a stepline.
This indicator was originally developed by Edwin "Sedge" Coppock (Barron's Magazine, October 1962). Specially for @AlexMayorov : 1) Buy when indicator crosses the zero line upside 2) Sell when indicator crosses the zero line downside
The Curve by Atilla Yurtseven This indicator uses real empirical rule (68 - 95 - 99.7 rule). This is not a Bollinger Band indicator. I know BB is a very good indicator however it's unreliable. First of all, I believe that price is not in a normal distribution. When you plot the histogram, you can not see a nice bell curved shape. It's know that bollinger bands...
US 2 year and US 10 year comparison, inverted yield curve with VIX. I use this on a weekly chart with 2 moving averages, the 40 week (ma200 daily) and the 520 week (10 year median). The bottom histogram is the VIX and the plot is the yield curve. When the VIX is above a certain level (you can set it in settings) and the ýield curve is close to or at inversion the...
The Linear Regression Slope is based on the Curve. List of All my Indicators - www.tradingview.com