Median moving average of prices series using 'percentile_nearest_rank'.
This is a composite indicator made up of: - modifided (rescaled) version of evergets version of recursive median oscillator. - 1996anoojpatels Futur modification of Ehlers Fisher Transform Ribbons Indicator I think Ehlers attempts to minimise latency in indicators are extremely valuable and some of my most use trading tools. Thanks to all the authors whose...
I compared custom median (using the sorting solution by @apozdnyakov) with built-in median (using percentile_nearest_rank function) If you see the zero line this means the solutions give the same results. The best results was achieved on the odd lengths. Conclusions: 1) Do not try to reinvent the wheel. 2) Always check the Pine Script docs to find already...
Ehlers Smoothed Adaptive Momentum script. This indicator was developed and described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures" (2004, Chapter 12: Adapting to the Trend).
Hampel Filter script. This indicator was originally developed by Frank Rudolf Hampel (Journal of the American Statistical Association, 69, 382–393, 1974: The influence curve and its role in robust estimation). The Hampel filter is a simple but effective filter to find outliers and to remove them from data. It performs better than a median filter.
Interquartile Range Bands script. This indicator was originally developed by Alex Orekhov at his home. The idea based on the interquartile range en.wikipedia.org If price breaks out from the bands then it is `outlier` price. After breakouts price always returns to its median. Watch squeeze/expansion periods. Anyway use it as a supplement to the other...
Recursive Median Filter indicator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:03 (8–11): Recursive Median Filters).
Recursive Median Oscillator indicator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:03 (8–11): Recursive Median Filters).
MPT is a unique custom indicator i created to enter a trade with the right timing This indicator catches the momentum of a Forex pair and tells you when to enter It's based on the idea that when the median price in the current timeframe is crossing the median price of the higher timeframe, the momentum is changing and that is an opportunity to trade red line...
B3_HL2MA is a super smoothed mean of medians. This moving average is a great trend switch mechanism with a bit of a knack for showing mean deviation and reversion. If your clouds get to be large, you are probably ripe for taking the profits. Often the MA comes to meet price, so the reversion trade isn't what this indicator is all about. Enter on the cross or turn...
This indicator calculates 3 Moving Averages for default values of 13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2). The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security's price with the security's price itself (or between several moving averages).
EXPERIMENTAL: Request for GLAZ Functions to handle Mean, Median, Mode Calculation.
This indicator shows the percentage amount the price is above or below the moving median value of the period. This indicator is best used along with the moving median (set to the same period). Based on the moving median developed with 4x4good
This simple script was a collaborative effort with 4X4good. It plots a moving median for the period using the 50th percentile value. We wanted to know the median value of VIX but surprisingly, a median indicator wasn't yet available in the indicators library. So we did a little research & put this together.
Original (Simple Horizontal Value and Offsets/SHV) Requested by @TAFA94 Description: Simple adjustable incremented horizontal offset lines extending up and down from a Median point. Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment. Source and look-back period inputs for fine tuning auto...
EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p (JeanLouisHardy) added option for bar count system, also added a donchian average.