T3chn0joe

Alpha Beta Gamma by T3chn0joe

T3chn0joe Updated   

This Pine Script code defines the Alpha Beta Gamma Indicator with customizable parameters for length. The script calculates alpha, beta, and gamma based on the lowest and highest prices over the specified length. It then plots these values on the chart with different colors.

This indicator was generated with ChatGpt and I tweaked the calculations for the best visual understanding - Settings are still being monitored for any further needed optimization.
Release Notes:
Exposed sensitivity settings
Raw option can be turned off
Added Smoothed option
Multi-timeframe option
Release Notes:
Tweaked default settings
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?