OPEN-SOURCE SCRIPT
APEX - Absolute Price Oscillator [v1]
The Absolute Price Oscillator is calculated as a difference of two moving averages of an asset and is expressed as an absolute value. It rates the strength of the trend. This Oscillator can be used primarily as a filter for stronger trends or for coin specific strategies.
Values are a coin and Moving average base specific.
Values are a coin and Moving average base specific.
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.