PROTECTED SOURCE SCRIPT
KG Stabilizer
This is a personal experimental stabilizer , which utilizes multitiered highest and lowest levels to hold an average with historical levels where the source value has a bias direction.
Settings
You can use any source input of your own to pass through this. it works especially well on Oscillators.
There is a Output of the average for 'indicator on indicator' outputs to chain.
Demonstration shows the difference between the bottom indicator, and the middle indicator being applied on top of it.
The Top indicator is simply applied on the close value.
Settings
- Smoothing ema length
- Lines count for additional passes (forming a pseudo ribbon)
- User choice of 2 colors to fade between
- Bias choice input to either follow a mid-level, or to pull strongly towards either high or low values.
You can use any source input of your own to pass through this. it works especially well on Oscillators.
There is a Output of the average for 'indicator on indicator' outputs to chain.
Demonstration shows the difference between the bottom indicator, and the middle indicator being applied on top of it.
The Top indicator is simply applied on the close value.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.