Turbulence with direction

2021년 1월 8일

This indicator uses 28 SMA lines from SMA12 to SMA120 with an interval of 4 to reveal the unseen underlying structure that determines the stock price trend. The convergent area of MA lines usually creates support for the stock price. This indicator also includes a clock position for a clear view of the direction of the current trend.

This work is inspired by LoneCapical, Benoit Mandelbrot, and Bill Williams.

MA lines are colored with blue for bullish trends, red for bearish trends, and gray for no apparent direction.

2021년 1월 9일

릴리즈 노트

This version calculates the slope with the logarithmic price difference and the logarithmic time interval, which provides a more accurate scale on the trend direction.

2021년 1월 18일

릴리즈 노트

Add an input option to turn the trading indication ON or OFF.

2021년 2월 15일

릴리즈 노트

Set the default option to not showing direction.

2021년 3월 1일

릴리즈 노트

Remove typos.