Hi i am testing this indicator from MAZ , https://www.prorealcode.com/prorealtime-indicators/dynamic-zone-elasticity/.
When i graph the results it shows different values.
period = 20
smoothing = 2
once smoothing = max(1, smoothing+1)
once period = max(1, Period)
// Coeficient, change if required
once coef = 0.8
// Signal line
x = std[Period](close)
signam = 1 + (-1* ( ((average[period](close) + (x*2)) - close) / x ) / 2)
// Dynamic Zones
sq = square(signam)
mean = average[period](signam)
vsqrt = sqrt( average[period](sq) - square(mean) )
top = mean + coef * vsqrt
btm = mean - coef * vsqrt
result = average[smoothing](signam)
return result coloured(255,0,0) style(line, 2) AS "Dynamic Zone Elasticity", top coloured(255,50,47) AS "Upper Zone", btm coloured(255,64,64) AS "Lower Zone", mean coloured(200,200,200) AS "Mean"
Any idea why this might be?
i have the same problem with a simple RSI. i am testing a strategy using the RSI and was getting different results so graphed it to see quite a radical difference, so trades were not traded correctly.
did you ever have a follow up from the tech team?