Multiple Currency analysis using WCU (World Currency Unit) as a Benchmark.
NOTE: Results are shown as a percentile change relative to the beginning of the time window.
Single Exponential Smoothing ( ema ) does not excel in following the data when there is a trend. This situation can be improved by the introduction of a second equation with a second constant gamma .
The gamma constant cant be lower than 0 and cant be greater than 1, higher values of gamma create less lag while preserving smoothness.Higher values of length ...
Original credit goes to jaqobs:
Added two new liq MAs based that seemed to be missing/catching more tops/bottoms. Removed 10x short liq MA since it never gets hit.
Shows what we at TRI call the institutional bias, i.e. a bull bias when 9 ema is above 18 ema and a bear bias when the 9 ema is below the 18 ema.
Plots the 9 and 18 ema, and fills the background green when the institutional bias is bullish and red when it is bearish.
1D MACD, with slightly slower values for a little less noise.
Instead of the 12, 26, 9, this shows the 13, 34, 9.
Instead of showing a histogram, it uses area and color-codes the area blue and red based on directional movement.
Overlaid is a black histogram line showing the 4H MACD, produced by values of 6, 13, 5.
Standard Deviation and 20 Moving Avergae Difference.
This could help some Buy & Sell with Difference between STDEV and 20 MA.
Difference will show us something.
+- 4000 : 1D Buy / Sell Zone
+- 2500 : 6H Buy / Sell Zone
+- 800 : 1H Buy / Sell Zone
Check some point !
![GBPUSD: [RS]WCU Multiple Currency Basket](https://s3.tradingview.com/x/xfAJ9Gqq_mid.png "[RS]WCU Multiple Currency Basket")
![EOSUSD: [WAI GUA]](https://s3.tradingview.com/o/obLXXz74_mid.png "[WAI GUA]")
