OPEN-SOURCE SCRIPT
Trigram (I Ching)
This script generates a Trigram for the current candle at its close.
The idea is simple. It takes the current candle close and the two previous to generate the lines of the Trigram.
In traditional I Ching practices, these are built bottom up. So in this case, the Candle in 2 bars back is the base, 1 bar back is the central line and the current close is the top.
Up candles are yang lines, down candles yin.
Anyways, not sure what use it is yet, but if there is anyone else out there interested in I Ching, Yin/Yang theory and trading, this is for you.
The idea is simple. It takes the current candle close and the two previous to generate the lines of the Trigram.
In traditional I Ching practices, these are built bottom up. So in this case, the Candle in 2 bars back is the base, 1 bar back is the central line and the current close is the top.
Up candles are yang lines, down candles yin.
Anyways, not sure what use it is yet, but if there is anyone else out there interested in I Ching, Yin/Yang theory and trading, this is for you.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.