OPEN-SOURCE SCRIPT
Uncertainty Indicator
This indicator try to show the amount on uncertainty that exist by plotting a 3-days
moving average of the difference between the 'close' and 'ohlc4',
which is compared to a 20-days Bollinger Band with a standard deviation of one.
This menas that when the 3-day curve is above the upper limit, the Uncetainty is
higher than it has been during 84% of the last 20 day period (and vice versa for
the lower limit).
By using Open,High,Low,Close you get four opinions of what the price should be for
the current period. If there is a difference between 'close' and 'ohlc4' there seem
to exist an uncertainty if the closing price is correct.
Can we say anything about direction? I don't think so; either the 'close king' has
to listen to its 'people' and move toward 'ohlc4', or the other way around.
A way to see if the uncertainty increases over time could be to see if:
abs(close[1] - ohlc4[1]) < abs(close - ohlc4) ,which say that we are more uncertain
this period than the in previous one.
And I guess, with increased uncertainty comes 'fear' of loosing money.
moving average of the difference between the 'close' and 'ohlc4',
which is compared to a 20-days Bollinger Band with a standard deviation of one.
This menas that when the 3-day curve is above the upper limit, the Uncetainty is
higher than it has been during 84% of the last 20 day period (and vice versa for
the lower limit).
By using Open,High,Low,Close you get four opinions of what the price should be for
the current period. If there is a difference between 'close' and 'ohlc4' there seem
to exist an uncertainty if the closing price is correct.
Can we say anything about direction? I don't think so; either the 'close king' has
to listen to its 'people' and move toward 'ohlc4', or the other way around.
A way to see if the uncertainty increases over time could be to see if:
abs(close[1] - ohlc4[1]) < abs(close - ohlc4) ,which say that we are more uncertain
this period than the in previous one.
And I guess, with increased uncertainty comes 'fear' of loosing money.
オープンソーススクリプト
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免責事項
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オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。