OPEN-SOURCE SCRIPT
מעודכן

Relative Price Position Flow (RPPF)

Market work by short and long players positions. By commodities, players buy or sell positions based in market expectations. The volume of negotiations defines the optimum point to buy or sell. It means how much more volume in a price line, much of the players thinking this is the real value. So, in this indicator I calculate the volume of trades for some price line. And divide it to the total volume, to define whats the historical price line optimum. The diference between the actual price to the historical optimum trade, define some directions of the market. Some times the price is bigger, and sometimes it is smaller.
By experience, after some times the price is deviated to the flow price, it will search a compensation, starting a reversion movement.
הערות שחרור
Update Chart
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Suavization by cumulating sum desviation
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Now the script considers the tan() of the movement. So, the flow change direction, it's better to see.
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Update. Now the tan value is cumulative. To see linear max amplitude.
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Update. Ponderation by the real dimension.
הערות שחרור
Update Chart
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Fix calculus
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return to tan visualization
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return to cumulated tan
הערות שחרור
This script make you show the moment of the cicle of up or down to the market.
Combine 2 situations. The f'(x) of the ponderation price, and the actual situation vs the 10 candles mean. It generates an indicator that can show the actual cicle of the movement. Actually, it multiplies to the change price. could inform if the prices are in new base line or its an especulative status. Big areas, mean the prices are found consolidate.

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