OPEN-SOURCE SCRIPT
Updated Enhanced Kijun Sen Base
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Release Notes
Enhanced Kijun Sen base6 ways to smooth the normal Kijun Sen base indictaor and reduce noise:
1. Volatility-based Adjustment --> Using the average true range.
2. HMA of High-Low Range --> Using the Hull moving average of High-Low range.
3. Standard Deviation --> Using the standard deviation of closing price.
4. Moving Average Deviation --> Using the average deviation of closing prices from a moving average.
5. Percentage of range --> Using a percentage of the high-low range.
6. WMA-Based Smoothing --> Using a weighted moving average
Open-source script
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Disclaimer: All resources and indicators provided are for educational purposes only
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
🔹 Get access to our premium tools:
whop.com/quantedgeb/ 💎
🔹 Unlock our free toolbox:
tradinglibrary.carrd.co/ 🛠️
Disclaimer: All resources and indicators provided are for educational purposes only
whop.com/quantedgeb/ 💎
🔹 Unlock our free toolbox:
tradinglibrary.carrd.co/ 🛠️
Disclaimer: All resources and indicators provided are for educational purposes only
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.