OPEN-SOURCE SCRIPT
Updated Surprise
A companion to the "No Surprise" indicator.
Shows how surprised we were in the past.
Shows how surprised we were in the past.
Release Notes
Under the line is now the log rate of surprise for a chosen level, averaged over a longer period.Release Notes
Recalibrated the surprise rate to base 10 logarithm.10^-2 = 1/100 so -2 means "surprised about once every 100 bars"
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.
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.
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.