OPEN-SOURCE SCRIPT

Log-Normal Z-Score

341
Log-Normal Z-Score

This Pine Script indicator calculates a modified Z-Score based on log-normal returns, aiming to identify statistically significant price deviations.

Indicator Parameters:
Model Length: The number of bars used to calculate the mean and standard deviation of log returns.

Lookback Length: The number of bars used to compute the lookback return and volatility. This is the main timeframe over which the Z-Score is calculated.

Volatility SMA Length: The smoothing length for the volatility, applying a simple moving average to the calculated volatility.

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.