This is a simple script for generating random data shown as candles. The purpose of it is the following: 1- To see what works here. If everything is random and something is working, is there really any reason behind it? 2- To see what NOT works here! this is probably the most interesting part. Human behaviors are more likely to generate bubbles so theories like...
Random Signals Indicator generates random long and short signals on the chart. Please note that these signals are purely random and should not be used for actual trading decisions. The indicator allows you to set the minimum number of bars between signals and adjust the sensitivity of the random generation. Use this indicator for educational or testing purposes...
plots randomly generated price (closing basis) from LHS of the chart. Re-plots each time you scroll -just a curiosity really; perhaps a lesson in seeing patterns where there are none; 'fooled by randomness' etc. -always anchors/starts from the real close of the asset on the visible Left hand side of the chart. -adjust ATR as you like (bigger = probably more...
Description : This is a renovated version of my previous mod that was based on the original script from fhenry0331. Added are: a data cleaning function a seasonal random index function an updated scaler and a signalling procedure. - The following description is moved here from the old script. The purpose of this script is to decipher chop zones from...
function to calculate Chebyshev Inequality. wich can be used to compute the probability that we will diverge from what we expect to obtain. reference: - www.omnicalculator.com - github.com - statisticstopics.wordpress.com - en.wikipedia.org
Have you ever wondered how your win rate compares with flipping a coin? Well now you can check with Coin Flipper Pro! This script produces a random position direction like flipping a coin and sets up a long or short trade based on you desired risk % and target ratio. Have fun!
Uses the Random Walk script as a tool for predicting trend reversals instead of trend strength.
This script generates pseudo-random asset data . Due to the nature of the random generator, it is impossible to use this indicator as input for other indicators because the instance of the script that the indicator is applied to will automatically be different from the instance that is plotted on the chart. Therefore, the idea is to use this script in other...
Experimental: Example execution of Monte Carlo Simulation applied to the markets(this is my interpretation of the algo so inconsistencys may appear). note: the algorithm is very demanding so performance is limited.
A function to build random decision tree's paths using a bias distribution.
These are my "Pseudo-Random Number Generators via Pine Script", having uniform distribution between 0 and 1. In my quest for sequential pseudo-random numbers in Pine, tinkering with mathematical chaos, I have come up with these three simple yet handy generators. I believe these may be useful in the future by developers of the Tradingview community. NOTICE: Use...
Binary pseudo random number generator. Generates a number between 0 and 1
a few functions to generate pseudo random values.
EXPERIMENTAL: Function to generate a normally distributed pseudo random value. if you find that something doesn't add up, please leave a message bellow.
This is a moving average with a customizable random kernel. You can shape your kernel by selecting your parameters in the settings window. This is not something that is immediately ready to mess with by just applying it on the chart, it is very useful for people who are researching indicators and developing new tools. To see the shape of your kernel you can plug...
Function to return a pseudo random number. you can constrict it to a range and provide a seed to step through on the same bar. thanks to Duyck, for the link.
This script lets you separate alerts into batches, and trigger each batch in either sequential order or (pseudo)random order. You can also specify the number of batches being used. This is helpful when you have alerts to be triggered on every candle, but the number of alerts causes API errors if they are all executed at once.