alexandermonday

MM 21 days and dispersion indicator (achub)

alexandermonday Updated   
achub indicator

It draws a Simple Media Mobile of 21 days (MM21days) in blue and draws a MM200days in yellow , despite the time frame is Days, Hours or Seconds.

This indicator calculates the max dispersion in percent between the MM21days and the ticker price inside the time frame.

Over the last candle write a coloured globe depending on the dispersion with the latest stock price:
  • blue : dispersion < 8%
  • green : dispersion < 16%
  • yellow : dispersion < 25%
  • red : dispersion >= 25%

The globe show inside:
  • last stock price
  • Azul NN.NN% : dispersion between MM21days and the last stock price
  • Ama NN.NN% : dispersion between MM200days and the last stock price

Colored dots over MM21days depends the value between MM21days and the max dispersion of the candle :
  • none dot : dispersion < 8%
  • green dot: dispersion < 16%
  • yellow dot: dispersion < 25%
  • red dot: dispersion >= 25%

Show over the candle when Buy o when Sell
The criterias when buy or sell are:
  • When the closed stock price crosses the MM21days
  • When the dispersion with the MM21days exceed the 25%

Alarms:
  • Alarm when sell , when buy
  • Alarm dispersion reaches 23%

All the values shown before are user configurable.

Release Notes:
Add english desciption ( site rules )
Release Notes:
add dots green over MM21 , means a dispersion between 21 and 25.
Release Notes:
Se agrega el calculo del CCL
Release Notes:
Many ADRs and CEDEARs added to CCL calculus
Release Notes:
Actualizacion de ratios para el calculo de CCL
Release Notes:
MM added , the default value is 100 , its configurable , with on/off selection.
Release Notes:
En el menu de parametrizacion, se pusieron nombres mas expresivos.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?