This script reveals Ampleforth rebase levels which are going to always work. In addition to that is MACD crossovers serving as potential buy/sell entries. You can set alerts for MACD crossovers and price entering balanced value area (0.96 - 1.06).
MACD signals can be used to automatically open a position and entering a balanced value area can be used as...
Displays the accumulated compounding of rebases during supply expansion and contraction of Ampleforth (AMPL)
- ℹ️ The current rebase rates are calculated based on H1 VWMA values from the Kucoin exchange (similar to the official calculation but not exact)
- ⚠️ Do not change the resolution. Leave it at 1 hour
Displays an approximation of the historical rebase rates of Ampleforth (AMPL).
- ⚠️ Use only on D1 charts. Currently it does not work on lower or higher timeframes.
- ⚠️ The rabase rates are an approximation and not the exact rates.
In the future it might be improved if possible and easy enough to code and maintain.
Feel free to share improvement and feature...