Library "NormalDistributionFunctions"
The NormalDistributionFunctions library encompasses a comprehensive suite of statistical tools for financial market analysis. It provides functions to calculate essential statistical measures such as mean, standard deviation, skewness, and kurtosis, alongside advanced functionalities for computing the probability density...
A detrended series that oscilates around zero is obtained after first differencing a time series (i.e. subtracting the closing price for a candle from the one immediately before, for example). Hypothetically, assuming that every detrended closing price is independent of each other (what might not be true!), these values will follow a normal distribution with mean...
This is an open source and updated version of my previous "Confidence Interval" script. This script provides you with the expected range over a given time period in the future and the skew of that range. For example, if you wanted to know the expected 1 standard deviation range of MSFT over the next 20 days, this will tell you that. Additionally, this script will...
