OPEN-SOURCE SCRIPT
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This is a 10-day Skew Strategy on v2.
The strategy:
You go long in negative skew because the data looks like its leaning forward like a bull.
You sell when the skew is positive because it looks like energy decay.
notes:
It might be more responsive using the median instead of ema?
I'm not good with v3 yet.
Don't PM for code help. Click the Help documents.
The strategy:
You go long in negative skew because the data looks like its leaning forward like a bull.
You sell when the skew is positive because it looks like energy decay.
notes:
It might be more responsive using the median instead of ema?
I'm not good with v3 yet.
Don't PM for code help. Click the Help documents.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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