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 a publication is governed by House Rules. You can favorite it to use it on a chart.
This is an PS4 update to the Logistic Difference Indicator. It uses logistic function (sigmoid), which stabilizes the variance of data. The logistic function resembles the inverse . This version has a repaint/non-repaint switch and a scaling feature.
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