Discussion of article "DIY technical indicator"
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New article DIY technical indicator has been published:
In this article, I will consider the algorithms allowing you to create your own technical indicator. You will learn how to obtain pretty complex and interesting results with very simple initial assumptions.
Various mathematical sequences can be used as indicator ratios. Below are the examples of a few more indicators. One of them is based on Fibo numbers: 34,21,13,8,5,3,2,1,1. Another indicator is also built on Fibo numbers, but a symmetrical construction is built from them: 1,1,2,3,5,3,2,1,1. The third indicator is based on the series of Pascal's triangle: 1,8,28,56,70,56,28,8,1.
Author: Aleksej Poljakov