Volume Weighted Market Mean 3.0 [Dia]150924 - v3.0
This script is a complete rewrite of the previous version here .
It gathers market data from up to 8 different Bitcoin exchange pairs (8 is maximum due to script limitations).The influence of each single exchange can be customized individually, default is 50% for 0-fee exchanges, 10% for futures and 100% for all others. For each single exchange a standard deviation from the composite mean price and a average price range are determined. To make data from exchanges with different liquidity comparable, all single exchange price ranges are normalized to the range of the composite mean price. To make data from exchanges with different fee structure (= exchanges that constantly trade at a premium / discount) comparable, all single exchange prices are corrected by their respective standard deviations. To account for trade volume, all price data is weighted by the current candles volume.
- optional Heikin Ashi candle display
- optional EMAs
- lots of switches to play around with ;-)
Heikin-ashi
CM Heikin-Ashi Candlesticks_V1Heikin-Ashi Paint Bars.
Paints Candlesticks or OHLC Bars The Exact Same as Traditional Heikin-Ashi Bars
CM_Modified_Heikin-Ashi_TrendBarsCreated By Request for lucalucious
Allows for EMA Smoothing with different values for Up and Down Trend.
Ability to Plot EMA to see Trend Filter
