OPEN-SOURCE SCRIPT
Universal Moving Average Convergence Divergence
I changed MACD formula to divergence of (MA26/MA12 - 1).
And its make it more useful.
Cuz:
1) comparability with all other coins with different prices.
2) fix small numbers in low price coines like shiba
3) making a good indicator like RSI to use it for optimization and ML/AI projects as a variable
Most important thing about this indicator is that its Universal
Now you can compare the UMACD of Shiba with Bitcoin without any problem in matamatics space.No need to use virtuality and its important in Optimization problems that we rediuse the problem from a picture to a number(A plot to a list of numbers)
If we don't care about exagrated pumps and dumps, we can say to it Normalized-MACD too. Cuz in normal situations its MAX ≈ 0.1 and MIN ≈ -0.1
And its make it more useful.
Cuz:
1) comparability with all other coins with different prices.
2) fix small numbers in low price coines like shiba
3) making a good indicator like RSI to use it for optimization and ML/AI projects as a variable
Most important thing about this indicator is that its Universal
Now you can compare the UMACD of Shiba with Bitcoin without any problem in matamatics space.No need to use virtuality and its important in Optimization problems that we rediuse the problem from a picture to a number(A plot to a list of numbers)
If we don't care about exagrated pumps and dumps, we can say to it Normalized-MACD too. Cuz in normal situations its MAX ≈ 0.1 and MIN ≈ -0.1
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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