The indicator was generated by adding the Dow Factor to the Stochastic Relative Strength Index.( Stoch RSI )
The Dow factor is the effect of the correlation coefficient, which determines the relationship between volume and price, on the existing indicators.
With these codes we are able to integrate them numerically into the indicators.
For more information on...
I hope this helps you as much as it has me.
Use with tech stocks with reasonably high volatility
Time-frames are flexible but a 1-3month window is best.
REQUEST: If you find this useful, please let me know. I'd like to improve this script further. Any suggestions or encouragement are greatly appreciated
The rocket is based on...
The Wookalich Ratio is an indicator derived from the NVT Signal . This is a tool used in Bitcoin markets to predict tops and bottoms.
The Wookalich Ratio aims to correct long-term inflation skewing through the use of a dilution factor.
I've setup this indicator for it to be possible to base the calculations on custom: