OPEN-SOURCE SCRIPT
Price Action Index (ZWYZJNWHJ)[Imitation v6 Pro-TCP]
Added option to change time period
This is a custom oscillator indicator written in TradingView Pine Script v6, named "Price Action Index" (PAI). It integrates a multi-timeframe (MTF) framework, dispersion calculation, and stochastic oscillator, and comes with an automatic detection and alert system for bullish/bearish divergences.
增加了更改时间周期的选项
这是一个基于 TradingView Pine Script v6 编写的自定义振荡器指标，名为 "Price Action Index" (PAI，价格行为指数)。它融合了多时间周期 (MTF) 框架、离散度计算 (Dispersion) 以及随机指标 (Stochastic)，并自带了底背离/顶背离自动检测和警报系统。
This is a custom oscillator indicator written in TradingView Pine Script v6, named "Price Action Index" (PAI). It integrates a multi-timeframe (MTF) framework, dispersion calculation, and stochastic oscillator, and comes with an automatic detection and alert system for bullish/bearish divergences.
增加了更改时间周期的选项
这是一个基于 TradingView Pine Script v6 编写的自定义振荡器指标，名为 "Price Action Index" (PAI，价格行为指数)。它融合了多时间周期 (MTF) 框架、离散度计算 (Dispersion) 以及随机指标 (Stochastic)，并自带了底背离/顶背离自动检测和警报系统。
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.