The purpose of Quansium Labs is so our Beta Testers can have access to our newest, latest, and most innovating ideas and concepts. Through the collaboration of users and their feedback, we believe we can progress at a much faster speed. The algorithms provided on this system are at their most early stages, and they will either be refined or dropped. This means...
This is an experimental study derived from George Lane's Stochastic Oscillator.
The %KWMA is calculated by taking a moving average of source with a %K weighting factor over its specified period.
The %DWMA is calculated by taking a simple moving average of %KWMA over its specified period.
Custom bar color scheme included.
This is an experimental study designed to track the average magnitude of price movements.
First the range between high and low, and the range between open and close are calculated.
Then a positive and negative root mean square is taken of both ranges, and the results are smoothed with an exponential moving average.
And lastly, the median value between the ranges...
This is an experimental study in which a geometric moving average is taken of price, then the range is multiplied by average annualized volatility based on the current trading timeframe and specified lookback, and by Fibonacci numbers 1 through 21.
Experimental: using Donchian channels with diferent lengths to extract multiple time frame's to extract price in range rates. the title may be a tiny bit misleading tho -_-''
edit: colors arent correct should be inverted, gives better sense of whats happening.
EXPERIMENTAL: this script can be used as a trend follower if bgcolor is active, it can be used to catch extremes and target levels for a pull back to the mean, can be used as support and resistance with the time period open price and extreme. other uses, improvements let me know :p.