Hey! This is a script I remade from various scripts I had. It's a smoother of candlestick by VWMA , that means that will give information about the trend strenght and actual situation, as you might notice. I also added a crossing over signaling with RED/GREEN colours. When the chart is coloured red, means that soon there will be a selling opportunity. When the...
Logistic Correlation is a correlation oscillator using a logistic function. A Logistic Function is a Sigmoid Function who stabilize the variance of data.The logistic function have the same function as the inverse fisher transform but with an advantage over it, the k constant can control the steepness of the curve, lowers k's will preserve the original form of...