This indicator is best used with the companion Seasonality Trader . Plots the daily seasonality standard deviation profile for any ticker. Each day of the year has a statistical performance. The average of that performance can be extracted, which can then be used to calculate the standard deviation for that particular day of the year. This indicator: ...
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red. === Bar Color Meaning === Green: uptrend Yellow: don't care Red: downtrend I think it can be useful! Thanks!
Provides a user input to determine the amont of "slop" or variance between a target and given price point.
IDEA is to easily spot the length of a calm periods based on OBV. Some says that after a longer OBV-calm (but not supercalm) period up or down rallies are somewhat more likely) METHOD: variance of OBV ADVISE: cannot be used on its own, just with others (RSI, CCI, Coppock, MACD etc.) Period shall be adjusted to the market. PERSONAL: I also use it to evaluate...
Covariance Function as described here: www.investopedia.com can be used for example to calculate Beta: