OPEN-SOURCE SCRIPT
Güncellendi Expected Z-Scored Price
Expected Z-Scored Price is a Mean Reversion based indicator, it shows you where the price should be based on its average price and its average increase over the set previous period, indicating whether the price is under/overvalued giving a unique insight into the current value of an asset, for example 
BTCUSD , however is designed for all assets that move in price.
How to read the Expected Z-scored price?
1. Zoom closer, you will see a line in the middle, this is where the price should be based on its average price and its movement
2. The lines above/below are the Standard Deviations (SD) of this expected price, if the price is in the lower price bands or even below them, it is undervalued and it is time to buy/accumulate it, if the price is above the mean (average) price, it is undervalued and should be sold.
It is that easy!
!WATCH OUT!
- This is not a Trend Following indicator, it does not indicate the prices direction, therefore if the asset is undervalued it can still go down, the bands indicate the significancy of the under/overvalueness
- It is not 100% accurate
- Watch out for the significancy of the undervalue or overvalue
Bit more info
- Each line is one SD away from the mean
- Adjusting the timeframe will help you keep the mean and its SDs on the signal period you want them to
- You can adjust the color, thickness of the lines and bands in settings
BTCUSD , however is designed for all assets that move in price.How to read the Expected Z-scored price?
1. Zoom closer, you will see a line in the middle, this is where the price should be based on its average price and its movement
2. The lines above/below are the Standard Deviations (SD) of this expected price, if the price is in the lower price bands or even below them, it is undervalued and it is time to buy/accumulate it, if the price is above the mean (average) price, it is undervalued and should be sold.
It is that easy!
!WATCH OUT!
- This is not a Trend Following indicator, it does not indicate the prices direction, therefore if the asset is undervalued it can still go down, the bands indicate the significancy of the under/overvalueness
- It is not 100% accurate
- Watch out for the significancy of the undervalue or overvalue
Bit more info
- Each line is one SD away from the mean
- Adjusting the timeframe will help you keep the mean and its SDs on the signal period you want them to
- You can adjust the color, thickness of the lines and bands in settings
Sürüm Notları
NEW MINI UPDATE!Now one of components of Expected price Z-score is an average of 3 periods, that will be adjustable
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.