G. Santostasi Adaptive Bitcoin Power Law Oscillator
The Adaptive Power Law is different from other similar signals because it adapts to recent data and it continuous measure the best fitting line given different weight to present and past data so it has both the quality of detecting the general trend and adapting to recent trend in the data (that also follow locally power law behavior).
The oscillator measures the difference between the current price and the Adaptive Power Law as a Percent Difference, as a Difference with the general trend in terms of Standard Deviations, or as an average between the price and the trend according to user preference.
It calculates also a Z score to assign a statistical value to each deviation. It color codes the magnitude of the deviation from the trend and the number of color-coded deviations is also a user preference.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Quantonomyfund directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Quantonomyfund directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.