order10_9

Shinohara Ratio

Shinohara Ratio(篠原レシオ) can be used to analyze the markets' Energy (A ratio) and Popularity (B ratio).
篠原レシオはマーケットの強弱に対するエネルギー(Aレシオ)と人気(Bレシオ)を示します。
詳細は(結構入り組んでいるので)ググってください。

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?