TradingView
brobear
2 jan 2020 03:25

Midline Oscillator 

BITMEX:XBTUSD.P1D
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beskrivning

⋅
A centered oscillator that rethinks the Stocastic Oscillator (and others).

The midline of historical price is used to calculate the percentage of the current price relative to the midline.

See the comments at the beginning of the script for a complete description.
Centered Oscillatorspercentagedecaymidline
Kommentarer
TheTimeCount
⋅
This is fascinating - thanks!

Have you ever tried applying this to volume?
brobear
⋅
@deppmaster, Glad you like it. No, I haven't applied it to volume... The script is centric on highs, lows and closes. Which don't exist for volume. But, interesting idea: a volume oscillator!
Mer