MaxWarren

MaxWarren's Pine Acceleration - 2nd Derivative

This is the acceleration of a chart written in pine. It's the second derivative otherwise the derivative of the momentum.

It shows how fast a stock's momentum is changing and in what direction.

As standard I left the controls in the settings for source and length of the estimate.

I will be incorporating this in other more complicated scripts here shortly
Remove from Favorite Scripts Add to Favorite Scripts
study(title="MaxW's DMA", shorttitle="MaxW's DMA", overlay=false)
dAccuracy = input(1, minval=1, title="Derivative Estimate")
dSrc = input(close, title="Source")
slope = (dSrc - dSrc[dAccuracy]) / dAccuracy
aAccuracy = input(1, minval=1, title="Acceleration Estimate")
dSlope = (slope - slope[aAccuracy]) / aAccuracy
plot(dSlope)
Can you explain the strategy for the choice of lengths?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out