This script is for testing to find bottom and the top of price movements.
This simple script is a very useful tool for studying the shadow in crypto-currencies.
Use only on Daily charts!! When average AH moves are consistent with average daytime moves it tends to indicate a trend. The phenomenon is not obvious on a day to day basis but is easy to see with the smoothed changes. Blue is smoothed daytime change and black is smoothed AH gap. The length is how many periods back to start the differentiation between AH and...
The Hindenburg Omen, is market breadth signal that marks when a critical set of market factors that can create the necessary conditions for a stock market crash. Based on Technical Breadth Indicators of the NYSE, a broad equity market index. More information on the conditions of the Hindenburg Omen can be found here,...