Wockets
Pine Script Rookie
Pine Script Rookie
Posts: 1
Joined: September 28th, 2023

A script that measure the consensus level of 16 studies ?

I want to find an agreement among a number of indicators to guide my decisions
If i have the majority of 15 indicators in agreement ( 8 out of 15) , I could initiate a position.

e.g. of indicators / studies include :
# Momentum Oscillators
# Squeeze Indicator
# Bollinger Resolution
# Parabolic SAR Signal
#RSI
#MFI
#Forecast
#Change in Price
#DMI Oscillator
#Bollinger Bands PercentB

this isn't my idea but from TOS's usethinkscript... my country would no longer support it in 2024 so I need to find an alternative soon

e.g. forming automated supply and demand zones

https://imgur.com/fVHgcse

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