Minkowski Distance Factor Adaptive Period MACD

Hi, this script comes from the idea that Ricardo Santos' Minkovski Distance Function is transferred to the period as a factor.

Minkowski Distance Function Script :

And thus an adaptive MACD was created.
This script can give much better results in more optimized larger periods.

I leave the decision to determine the periods and weights.
I used the weights of 9,12,26 and periods created with multiplied by factor.

Release Notes: Corrected typos
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Looks interesting ! Distance from price things are fascinating
+1 Reply
Noldo syrinxflunki
@syrinxflunki, your welcome my friend !
OK, really an excellent indicator in my future trading, my dear friend.