OPEN-SOURCE SCRIPT
Indicators: KaseCD & Kase Peak Oscillator
I have included ports of 2 indicators from MT4 (not from the original commercial source). I couldn't cross check if these matched their commercial equivalents (you need to assume they don't!). If you own any of these in other platforms, appreciate if you could publish some comparison results here.
Kase Peak Oscillator [KPO] is the difference between two trend measurements, one for rising markets and the other for falling markets. KCD is the PeakOsc minus its own average. So, KPO takes the place of a traditional oscillator and the KCD takes place of the traditional MACD.
Ms.Kase claims KCD is far more accurate than MACD.
More info:
- kaseco.com/support/articles/The_Two_Faces_of_Momentum.pdf
- beathespread.com/file/download/15086
Let me know if you have experience with the original indicators and are willing to help improve these clones. Thanks.
Kase Peak Oscillator [KPO] is the difference between two trend measurements, one for rising markets and the other for falling markets. KCD is the PeakOsc minus its own average. So, KPO takes the place of a traditional oscillator and the KCD takes place of the traditional MACD.
Ms.Kase claims KCD is far more accurate than MACD.
More info:
- kaseco.com/support/articles/The_Two_Faces_of_Momentum.pdf
- beathespread.com/file/download/15086
Let me know if you have experience with the original indicators and are willing to help improve these clones. Thanks.
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
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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