new0122

Tomorrow Index (J)

This indicator is asked by a user.

This study is calculated by the following method.

The prediction price is "the sum of 'the price before and the current closing price and the current closing price'" divided by three.

The mathematical calculation is expressed as follows:

the prediction plot = (the price before + the closing price + the closing price) /3
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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?