randomness

balipour

In Finance, people usually assume the price follows a random walk or more precisely geometric Brownian motion. In 1988, Lo and MacKinlay came up with the variance ratio test to refute the random walk hypothesis and efficient market hypothesis. The variance ratio test is a simple test for market efficiency, autocorrelation, and whether price follows a random walk....

RicardoSantos

Experimental: Example execution of Monte Carlo Simulation applied to the markets(this is my interpretation of the algo so inconsistencys may appear). note: the algorithm is very demanding so performance is limited.

midtownsk8rguy

These are my "Pseudo-Random Number Generators via Pine Script", having uniform distribution between 0 and 1. In my quest for sequential pseudo-random numbers in Pine, tinkering with mathematical chaos, I have come up with these three simple yet handy generators. I believe these may be useful in the future by developers of the Tradingview community. NOTICE: Use...

RicardoSantos

A function to build random decision tree's paths using a bias distribution.

TensorTom

This is my first attempt at a psuedo-random number generator in Pine. It is, as you can see, a failed attempt thus far. I began by trying to implement the random color generator as described here: www.tradingcode.net in version 3 Pine (Not sure which version he was using). As you can see, the color isn't random. The...

Gesundheit

This script lets you separate alerts into batches, and trigger each batch in either sequential order or (pseudo)random order. You can also specify the number of batches being used. This is helpful when you have alerts to be triggered on every candle, but the number of alerts causes API errors if they are all executed at once.

CosmonautCalls

Binary pseudo random number generator. Generates a number between 0 and 1

RicardoSantos

a few functions to generate pseudo random values.

RicardoSantos

EXPERIMENTAL: Function to generate a normally distributed pseudo random value. if you find that something doesn't add up, please leave a message bellow.

mcbw_

This is a moving average with a customizable random kernel. You can shape your kernel by selecting your parameters in the settings window. This is not something that is immediately ready to mess with by just applying it on the chart, it is very useful for people who are researching indicators and developing new tools. To see the shape of your kernel you can plug...

RicardoSantos

Function to return a pseudo random number. you can constrict it to a range and provide a seed to step through on the same bar. thanks to Duyck, for the link.