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ZscoreHistogram 5 *
This is based on the Zscore Indicator submitted by MXAS, located in this section. This variation is a colored histogram reflecting overbought, oversold and above/below zero. The price input is enabled, the default is Weighted. When weighted a lot of the chop is eliminated and is very similar to the CCI with the variable factor set to .0125 instead of .015. One of the problems I have with the CCI is it's tendency to exit a trend too early. The ZcoreHistogram does a much better job of keeping me in the trend.

This was exported with NT v7.

I am not a programmer, use at your own discretion.

Category The Elite Circle 
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Details: ZscoreHistogram
Category: The Elite Circle 

October 25th, 2010
Size: 6.99 KB


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