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FXBABATRADING ~ ZTREND
Our ZTREND indicator is an outstanding Trend indicator to determine the Direction and Strength of the current price movement in units of Standard Deviation from a set period average, that is, helps you visualize the strength of the trend in relation to a set average. This indicator is part of a bundle of 5 indicators which we call the ZScore Indicator Suite all based on the ZScore function of statistics.
In this particular mode (ZTREND) you can see whether price is trending above or below the mean average of it, a simple moving average (period of your choice) determined by a + or - value. The value itself represents a custom function that indicates strength. A value above 1 or below -1 can be sustained ONLY if price is trending in such direction
In the example above we have the ZTrend indicators set at periods 253. It is best to use this indicator with a longer period setting in order to eliminate noise. You can add another ZTrend with a lower period to determine entries within a Trend.
Alerts can be turned off in settings
Each indicator in the ZScore Suite has a particular function:
ZClassic: Measures the position of Price in relation to a set average in units of standard deviation.
ZRange: Measures the position of the Standard Deviation itself in relation to a set average, in units of standard deviation.
ZVolumeDelta: Measures the position of Volume Delta in relation to a set average, in units of standard deviation.
ZTrend: Its a custom mathematical function that allows to measure the strength and direction of the Trend in reference to a set average.
In this particular mode (ZTREND) you can see whether price is trending above or below the mean average of it, a simple moving average (period of your choice) determined by a + or - value. The value itself represents a custom function that indicates strength. A value above 1 or below -1 can be sustained ONLY if price is trending in such direction
In the example above we have the ZTrend indicators set at periods 253. It is best to use this indicator with a longer period setting in order to eliminate noise. You can add another ZTrend with a lower period to determine entries within a Trend.
Alerts can be turned off in settings
Each indicator in the ZScore Suite has a particular function:
ZClassic: Measures the position of Price in relation to a set average in units of standard deviation.
ZRange: Measures the position of the Standard Deviation itself in relation to a set average, in units of standard deviation.
ZVolumeDelta: Measures the position of Volume Delta in relation to a set average, in units of standard deviation.
ZTrend: Its a custom mathematical function that allows to measure the strength and direction of the Trend in reference to a set average.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、FX_Babaに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Please visit our website to gain access to this indicator: http://www.fxbabatrading.com
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。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、FX_Babaに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Please visit our website to gain access to this indicator: http://www.fxbabatrading.com
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。