OPEN-SOURCE SCRIPT
Güncellendi

Candlestick normalizer + MA's Crossing Signaling

4 041
Well, after 25 tries I finally did it ._.

Here is the candlestick normalizer I was trying to achieve. In this way you can do a fast and not biased by price candlestick analysis, for example to catch engulfish and doji's on the go ;)
I also added a MAs crossing-over signal I optimized.

Btw, I will try to add volume signaling on this indicator. I had been thinking in 2 options:
1) Maybe as a colour/unfilled bar when volume exceed average
2) Represent the volume on the width of the candlestick.

What do you prefer? Let me know.

I hope you enjoy it!

Phi it.
Sürüm Notları
#Added CMF, a kind of Volume-Weighted RSI oscillator.

You can study convergence and divergences with this oscillator aswell.
My main idea was to work a trend strength indicator to ease price action, volume, and candlestick analysis.

I will keep optimizing it.

Hope you enjoy it!
Sürüm Notları
#Corrected the CMF position to ease the interpretation on large scales.

Sürüm Notları
#Optimized CMF @ 50 as it's zero, scaled to Candlestick normalization.

Yellow Divergences as examples.
Sürüm Notları
#Added Red-Down Arrows for Bearish Candle Patterns
#Added Green-Up Arrows for Bullish Candle Patterns
#Added White-Star for Indecisive Doji Candles (+Red-Down Arrow when Doji is Bearish)

Hope you enjoy it ;)
Sürüm Notları
#Added more Candlesticks

Violet = Divergences on CMF

Sürüm Notları
#Changed Bullish engulfish's lime to green colour
#Changed Bearish engulfish's red to maroon colour

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.