UCS_I_Martin Pring's Special K — Indicateur par UDAY_C_Santhakumar

martin pring special k specialk

Pring's Special K is a cyclical indicator created by Martin Pring. His method combines short-term, intermediate and long-term velocity into one complete series. Useful tool for Long Term Investors

Function -
1) Primary Trend Reversals at a Relatively Early Stage.
2) Timing Short term Price Moves.

This indicator is always part of my analysis indicator set on stockcharts.com, Wanted to share it here.
Primary Use is to find TOPs and BOTTOMS in a Market - Not 100% but the most reliable warning sign when the market is TIRED.

Drawback - Need at least 725 Bars to calculate this - Originally Developed by Martin Pring.

MORE INFO --------------------->>>

My Personal Goal for this Indicator is to convert this into an Overlay, with All the components (Short/Mid/Long) meaningfully plotted out. This would make this indicator far more useful in predicting the future longer term trend.

Uday C Santhakumar

Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?

// Created by UCSGears
// This indicator is always part of my analysis indicator set on stockcharts.com, Wanted to share it here.
// Primary Use is to find TOPs and BOTTOMS in a Market - Not 100% but the most reliable warning sign.
// Need at least 725 Bars to calculate this - Originally Developed by Martin Pring
// From the book "Technical Analysis Explained" - http://www.amazon.com/Technical-Analysis-Explained-Fifth-Edition/dp/0071825177

study(title="UCS_Martin Pring's Special K", shorttitle="UCS_Pring_sK")

a = input(10, title = "Smooth" )

roc1 = (sma(roc(close,10),10)*1)
roc2 = (sma(roc(close,15),10)*2)
roc3 = (sma(roc(close,20),10)*3)
roc4 = (sma(roc(close,30),15)*4)

roc5 = (sma(roc(close,40),50)*1)
roc6 = (sma(roc(close,65),65)*2)
roc7 = (sma(roc(close,75),75)*3)
roc8 = (sma(roc(close,100),100)*4)

roc9 = (sma(roc(close,195),130)*1)
roc10 = (sma(roc(close,265),130)*2)
roc11 = (sma(roc(close,390),130)*3)
roc12 = (sma(roc(close,530),195)*4)

osc = roc1+roc2+roc3+roc4+roc5+roc6+roc7+roc8+roc9+roc10+roc11+roc12

plot(osc, color=blue, title="Martin Pring's Special K")
plot(sma(osc,a), color = red, title = "Smooth")
hline(0, title="Zero Line")