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brobear
Jan 2, 2020 3:25 AM
Midline Oscillator
BITMEX:XBTUSD.P
1D
Bitcoin / US Dollar Perpetual Inverse Swap Contract
BitMEX
Description
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Jan 2, 2020 3:25 AM
A centered oscillator that rethinks the Stocastic Oscillator (and others).
The midline of historical price is used to calculate the percentage of the current price relative to the midline.
See the comments at the beginning of the script for a complete description.
Centered Oscillators
percentage
decay
midline
Comments
TheTimeCount
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Jun 8, 2020 9:56 PM
This is fascinating - thanks!
Have you ever tried applying this to volume?
brobear
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Jun 9, 2020 12:22 AM
@deppmaster, Glad you like it. No, I haven't applied it to volume... The script is centric on highs, lows and closes. Which don't exist for volume. But, interesting idea: a volume oscillator!
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Have you ever tried applying this to volume?