OPEN-SOURCE SCRIPT
Center Of Gravity
The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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