OPEN-SOURCE SCRIPT

Borsa İstanbul Correlation Analysis&Center of Gravity Indicator

Formula Used :
COG = SUM of closing prices Pn x (n+1) / Sum of closing prices Pn


BISTcenterofgravitycorrelationGoldMoving AveragesTrend AnalysisturkishliraVolatilityXU100

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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