OPEN-SOURCE SCRIPT
Percent Change Smoothed (PCT + EMA)
ROC works great on data with only positive numbers (like prices).
But it fails to correctly represent the rate of change when source series have negative values.
ROC is positive when:
Percent change (PCT) is just a ROC that deals with this sign confusion.
Anyone with Data Science backgroud would likely know about it.
PCT is positive only when:
When applying to only positive data PCT = ROC they are exactly equal.
I've also added EMA smoothing option.
Enjoy!
But it fails to correctly represent the rate of change when source series have negative values.
ROC is positive when:
- Source is positive AND Source is rising
- OR Source is negative AND Source is falling
Percent change (PCT) is just a ROC that deals with this sign confusion.
Anyone with Data Science backgroud would likely know about it.
PCT is positive only when:
- Source is rising
When applying to only positive data PCT = ROC they are exactly equal.
I've also added EMA smoothing option.
Enjoy!
オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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。
オープンソーススクリプト
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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。