PINE LIBRARY
Actualizado New_Concepts_in_Technical_Trading_Systems

Library "New_Concepts_in_Technical_Trading_Systems"
A library for trading with mathematical indicators as described by J. Welles Wilder Jr. in 1978
psar(highSeries, lowSeries, closeSeries, start, increment, max)
psar calculates the parabolic SAR for the given series. Uses defaults as described by Wilder
Parameters:
highSeries (float): the series of high price values
lowSeries (float): the series of low price values
closeSeries (float): the series of close price values
start (float): the initial acceleration factor
increment (float): amount the acceleration factor is incremented each step
max (float): the maximum acceleration factor
Returns: the value of the stop and reverse price
momentum(closeSeries)
momentum calculates the momentum value, representing an acceleration of the current trend direction. Also calculates the trend balancing point which is a pivot to the momentum increasing or decreasing.
Parameters:
closeSeries (float): the series of close price values
Returns: the value of the momentum and the next trend balance point
A library for trading with mathematical indicators as described by J. Welles Wilder Jr. in 1978
psar(highSeries, lowSeries, closeSeries, start, increment, max)
psar calculates the parabolic SAR for the given series. Uses defaults as described by Wilder
Parameters:
highSeries (float): the series of high price values
lowSeries (float): the series of low price values
closeSeries (float): the series of close price values
start (float): the initial acceleration factor
increment (float): amount the acceleration factor is incremented each step
max (float): the maximum acceleration factor
Returns: the value of the stop and reverse price
momentum(closeSeries)
momentum calculates the momentum value, representing an acceleration of the current trend direction. Also calculates the trend balancing point which is a pivot to the momentum increasing or decreasing.
Parameters:
closeSeries (float): the series of close price values
Returns: the value of the momentum and the next trend balance point
Notas de prensa
v2 - where I realized the I've gotten the concepts wrong when looking at momentum.I previously thought the trend balancing point was the same for long and short directions, which gave me weird results using a strategy on top of it. Realizing that, I thought it to be much more ergonomic using separate functions for the balance points instead of returning a tuple of values.
new:
nextTrendBalancePointShort(closeSeries)
calculates the trend balance point for the next candle when short
Parameters:
closeSeries (float): the series of close price values
Returns: the point the price must close above in order to reverse the current position
nextTrendBalancePointLong(closeSeries)
calculates the trend balance point for the next candle when long
Parameters:
closeSeries (float): the series of close price values
Returns: the point the price must close below in order to reverse the current position
changed:
psar(highSeries, lowSeries, closeSeries, start, increment, max)
calculates the parabolic SAR for the given series. Uses defaults as described by Wilder
Parameters:
highSeries (float): the series of high price values
lowSeries (float): the series of low price values
closeSeries (float): the series of close price values
start (float): the initial acceleration factor
increment (float): amount the acceleration factor is incremented each step
max (float): the maximum acceleration factor
Returns: the value of the stop and reverse price
momentum(closeSeries)
calculates the momentum value, representing an acceleration of the current trend direction
Parameters:
closeSeries (float): the series of close price values
Returns: the value of the momentum
Biblioteca Pine
Fiel al espíritu de TradingView, el autor ha publicado este código de Pine como biblioteca de código abierto, para que otros programadores de nuestra comunidad puedan reutilizarlo. ¡Enhorabuena al autor! Puede usar esta biblioteca de forma privada o en otras publicaciones de código abierto, pero su reutilización en publicaciones está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Biblioteca Pine
Fiel al espíritu de TradingView, el autor ha publicado este código de Pine como biblioteca de código abierto, para que otros programadores de nuestra comunidad puedan reutilizarlo. ¡Enhorabuena al autor! Puede usar esta biblioteca de forma privada o en otras publicaciones de código abierto, pero su reutilización en publicaciones está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.