This is a simplified version of the Hurst Exponent indicator.
In the meantime, I'm working on the full version. It's computationally intensive, so it's a challenge to squeeze it to PineScript limits. It will require some time to optimize it, so I decided to publish a simplified version for now.
The Hurst exponent is used as a measure of long-term memory of time...
![BTCUSD: Simple Hurst Exponent [QuantNomad]](https://s3.tradingview.com/v/v267CGzx_mid.png "Simple Hurst Exponent [QuantNomad]")
