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MG Universal model

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🚀 Summary🚀
The MG univerasal model is a composite of various items such as RSI, price Z-Score, Sharpe Ratio, Sortino Ratio, Omega Ratio, etc
Each component is normalized and then equally wheighted out to perform a global metric.
At the end, an Exponential Moving Average is added on the global metric.

You can easily find a description of each component on the internet, for the Crosby Ratio, it's a metric that comes from bitcoinmagazinepro.com.

✨ Key Features ✨
🗡 Smoothed Global Metric
Using a Moving average to smooth out the whole aggregated metric.

🗡 Bands Zone at extreme levels
Automatically displaying bands at top and bottom levels of the oscillator.

🗡 Normalizing components
Each component is normalized.

🗡 DataTable
Optional DataTable is available to check the score for each components and their related Z-Score.

📊 How I use it 📊
When catching up with 0 line (midline), crossing it :
if it goes above 0.2:
get out when it crosses 0.2 again
else:
get out when it crosses 0 again

That's the way I use it, may be there is a better way, FAFO :)

❓ Seeing a bug or an issue ❓
Feel free to DM me if you see a component that seems badly calculated.
I will be happy to fix it.


❗❗ Disclaimer ❗❗
This is a single indicator, even though it's aggregating many, do not use it as a standalone.
Past performance is not indicative of future results.
Always backtest, check, and align parameters before live trading.
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🚀 Summary🚀
The MG univerasal model is a composite of various items such as RSI, price Z-Score, Sharpe Ratio, Sortino Ratio, Omega Ratio, etc
Each component is normalized and then equally wheighted out to perform a global metric.
At the end, an Exponential Moving Average is added on the global metric.

You can easily find a description of each component on the internet, for the Crosby Ratio, it's a metric that comes from bitcoinmagazinepro.com.

✨ Key Features ✨
🗡 Smoothed Global Metric
Using a Moving average to smooth out the whole aggregated metric.

🗡 Bands Zone at extreme levels
Automatically displaying bands at top and bottom levels of the oscillator.

🗡 Normalizing components
Each component is normalized.

🗡 DataTable
Optional DataTable is available to check the score for each components and their related Z-Score.

📊 How I use it 📊
When catching up with 0 line (midline), crossing it :
if it goes above upperBand:
get out when it crosses upperBand again
else:
get out when it crosses 0 again

That's the way I use it, may be there is a better way, FAFO :)

❓ Seeing a bug or an issue ❓
Feel free to DM me if you see a component that seems badly calculated.
I will be happy to fix it.


❗❗ Disclaimer ❗❗
This is a single indicator, even though it's aggregating many, do not use it as a standalone.
Past performance is not indicative of future results.
Always backtest, check, and align parameters before live trading.
릴리즈 노트
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