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 Fisher transform. This version has a repaint/non-repaint switch and a scaling feature.
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 a publication is governed by House Rules.
You can favorite it to use it on a chart.
Disclaimer
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