A probability cone is an indicator that forecasts a statistical distribution from a set point in time into the future. Features Forecast a Standard or Laplace distribution. Change the how many bars the cones will lookback and sample in their calculations. Set how many bars to forecast the cones. Let the cones follow price from a set number of bars back. ...
function to calculate Chebyshev Inequality. wich can be used to compute the probability that we will diverge from what we expect to obtain. reference: - www.omnicalculator.com - github.com - statisticstopics.wordpress.com - en.wikipedia.org
A detrended series that oscilates around zero is obtained after first differencing a time series (i.e. subtracting the closing price for a candle from the one immediately before, for example). Hypothetically, assuming that every detrended closing price is independent of each other (what might not be true!), these values will follow a normal distribution with mean...
function to retrieve Gini Impurity / Gini Index. reference: - victorzhou.com - en.wikipedia.org
displays the distribution of the outcome of a event over the last event. similar to this script:
This tool is to visualize the distribution of gap % sizes, i.e. those things that I marked on the main chart. The tool uses the entire history of an instrument. The detalization depends on the Binning Step parameter. The lower chart timeframe the lower that step should be. Good luck.
Dollar volume is simply the volume traded multiplied times the cost of the stock. Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change...
Up/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down. High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns...
Tradespot - S&R Suite No configuration needed, works out the box Dynamically created S&R lines & zones based on ongoing price action Dynamically created fibonnaci retracement lines to create your trading range Completely open to building a core trading strategy upon Want to know more or have questions? Come join the Tradespot community, or send me a...
Volume Buzz/Volume Run Rate as seen on TC2000 and MarketSmith respectively. Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner,...
This applies Chande Momentum to Accumulation and Distribution index as a means to changes. Experimental oscillator. Compare it to both Money Flows, Acc/Dis and Chande and you notice it has elements of all of them. Could potentially replace other volume based momentum indicators in your strategy. It is a little more volatile, reaching from side to side, while...
A function to build random decision tree's paths using a bias distribution.
It is possible to approximate the underlying distribution of a random variable by using what is called an "Histogram". In order to construct an histogram one must first split the data into several intervals (also called bins) often of the same size and count the number of values falling within each intervals, the histogram plot is then constructed with the X axis...
Simple Accumulation & Distribution indicator with the 21 and 200EMA plotted on it. Might be a useful tool in your arsenal.
The tool counts the number of consecutive bullish or bearish candles in a row and build a distribution of those series lengths. The entire history of an instrument is used. Available modes: Strict Bullish ( close > open ) Bullish ( close >= open ) Strict Bearish ( close <= open ) Bearish ( close < open ) Different chart types have different...
Do your operations following the big players .... Faça suas operações seguindo os grandes jogadores....
The Chaikin Oscillator is basically an oscillator version of the Accumulation / Distribution Index, also known as ADL Indicator. General Usage The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend. It can be used to confirm trends, as well as spot possible trading signals due to...
an underlying asset. It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution...