OPEN-SOURCE SCRIPT
Torque% Quantity (By Efficiency)
//version=5
indicator("Torque% Quality (By Efficiency)", overlay=false)
// Número de sesiones a considerar
periodo = 60
// Variable para contar sesiones positivas
contadorPositivas = 0
// Bucle para contar las sesiones positivas de las últimas 60 barras
for i = 1 to periodo
if (close > close[i + 1])
contadorPositivas := contadorPositivas + 1
// Cálculo del porcentaje de sesiones positivas
porcentajePositivas = (contadorPositivas / periodo) * 100
// Mostrar el valor en el gráfico
plot(porcentajePositivas, title="Torque% Quality (By Efficiency)", color=color.green)
indicator("Torque% Quality (By Efficiency)", overlay=false)
// Número de sesiones a considerar
periodo = 60
// Variable para contar sesiones positivas
contadorPositivas = 0
// Bucle para contar las sesiones positivas de las últimas 60 barras
for i = 1 to periodo
if (close > close[i + 1])
contadorPositivas := contadorPositivas + 1
// Cálculo del porcentaje de sesiones positivas
porcentajePositivas = (contadorPositivas / periodo) * 100
// Mostrar el valor en el gráfico
plot(porcentajePositivas, title="Torque% Quality (By Efficiency)", color=color.green)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.