This indicator is a modified version of SteverSteves's original work, enhanced by Erika Barker. It visually represents asset price movements in terms of standard deviations from a Hull Moving Average (HMA), commonly known as a Z-Score.
Key Features:
Z-Score Calculation: Measures how many standard deviations the current price is from its HMA.
Hull Moving...
Library "NormalDistributionFunctions"
The NormalDistributionFunctions library encompasses a comprehensive suite of statistical tools for financial market analysis. It provides functions to calculate essential statistical measures such as mean, standard deviation, skewness, and kurtosis, alongside advanced functionalities for computing the probability density...
What are Bandwidth Bands?
This indicator uses Silverman Rule of Thumb Bandwidth to estimate the width of bands around the rolling moving average which takes in the log transformation of price to remove most of price skewness for the rest of the volatility calculations and then a exp() function is performed to convert it back to a right skewed distribution. These...
Dynamic Zone Range on PDFMA is a Probability Density Function Moving Average oscillator with Dynamic Zones.
What is Probability Density Function?
Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights.
What are Dynamic Zones?
As explained in "Stocks & Commodities V15:7...
Pips-Stepped PDFMA is and Pips-stepped moving average that uses a probability density function moving average. This is tuned for Forex. You must adjust the step size to extreme levels for this to work for crypto or stocks. Try 30000 for BTC on the daily chart, for example.
What is Probability Density Function?
Probability density function based MA is a sort...
Theory:
Bill Williams's Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment.
This version ...
ATR-Stepped PDF MA is and ATR-stepped moving average that uses a probability density function moving average.
What is Probability Density Function?
Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights.
Included:
-Toggle on/off bar coloring
-Toggle on/off signals
-Alerts long/short
Probability Density Function based MA MACD is a MACD indicator using a type of weighted moving average.
What is Probability Density Function based MA MACD?
Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights.
Included:
-Toggle on/off bar coloring
![USDCAD: Dynamic Zone Range on PDFMA [Loxx]](https://s3.tradingview.com/s/s9ygLQ36_mid.png "Dynamic Zone Range on PDFMA [Loxx]")
![USDCAD: Pips-Stepped PDFMA [Loxx]](https://s3.tradingview.com/g/GWYhw25p_mid.png "Pips-Stepped PDFMA [Loxx]")
![USDCAD: PDFMA Awesome Oscillator [Loxx]](https://s3.tradingview.com/v/v40qb2Oz_mid.png "PDFMA Awesome Oscillator [Loxx]")
![USDCAD: ATR-Stepped PDF MA [Loxx]](https://s3.tradingview.com/z/Z0JedxTS_mid.png "ATR-Stepped PDF MA [Loxx]")
![USDCAD: Probability Density Function based MA MACD [Loxx]](https://s3.tradingview.com/l/LEkdevxl_mid.png "Probability Density Function based MA MACD [Loxx]")