LazyBear

Indicators: Time and Money Chart Channel & Demark Pressure Ratio

Time and Money Chart Channel
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TAM channels, introduced by Stuart Belknap, is part of his TAM charts setup.

These bands use SMA as the basis. 3 lines above and below paralleling the centerline (basis) represent one, two and three sigmas of the actual data points from the mean centerline.

More info:
http://www.traders.com/Documentation/FEE...

Stuart prefers display of volatility sigma and SMI ( Stoch Momentum) along with the price grid. I will post his entire setup in a followup post,

Tom Demark Pressure Ratio
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As explained by Tom Demark:
>>
>> TD Pressure is an indicator, shown as an oscillator, with more precision and consistency than
>> Money Flow and On-Balance Volume . It allows you to determine the critical buying and selling
>> levels so that you can enhance profitability with better trade location
>>

75 and 25 are the usual overbough/oversold levels.

More info:
ftp:// ftp .aspenres.com/documentation/ DeMark . pdf

List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970
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 ?
//
// @author LazyBear
//
// If you use this code in its original/modified form, do drop me a note. 
//
study("Time and Money Chart Channel [LazyBear]", shorttitle="TAMC_LB",overlay=true)
length = input(41)
showPriceTracker=input(false, type=bool)
prev(s, x) =>
	y=abs(round(x))
	s[y]

halfLength = floor( length /2 )
basis = sma( close, length )
plot( basis, title="Minor term avg", color=maroon, style=3 )
yom = 100 * ( close - prev( basis, halfLength ))/prev( basis, halfLength )
avyom = sma( yom, 2 * length )
varyom = sma( yom * yom, 2 * length ) - avyom * avyom
som = prev( sqrt( varyom ), halfLength )
sigom = sma( som, length )

plot( basis * ( 1 + 0.01 * sigom ), title="Ch+1", color=red, trackprice=showPriceTracker )
plot( basis * ( 1 - 0.01 * sigom ), title="Ch-1", color=green, trackprice=showPriceTracker )
plot( basis * ( 1 + 0.02 * sigom ), title="Ch+2", color=red, trackprice=showPriceTracker )
plot( basis * ( 1 - 0.02 * sigom ), title="Ch-2", color=green, trackprice=showPriceTracker )
plot( basis * ( 1 + 0.03 * sigom ), title="Ch+3", color=red, trackprice=showPriceTracker )
plot( basis * ( 1 - 0.03 * sigom ), title="Ch-3", color=green, trackprice=showPriceTracker )