OPEN-SOURCE SCRIPT

Baekdoo multi cumulative disparity

Hi forks,

I'm trader Baekdoosan who trading Equity from South Korea.
This Baekdoo multi cumulative disparity indicator is using disparity, relative position will be shown in one glimpse.

The idea is this.
1. make disparity function which value is 0 when it is equal to the value.
2. adding multiple disparity in many MA
3. keep track when it crossover 0, check that as buy position

This can be applied to day candle as well as minute candle.

hope this will help your trading on equity as well as crypto. I didn't try it on futures . Best of luck all of you. Gazua~!
snapshot
baekdoosancumulativedisparitydisparityMoving AveragesmultidisparityTrend Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

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