This is a re-implementation of @veryfid's wonderful Tesla Coil indicator to leverage basic Machine Learning Algorithms to help classify coil crossovers. The original Tesla Coil indicator requires extensive training and practice for the user to develop adequate intuition to interpret coil crossovers. The goal for this version is to help the user understand the underlying logic of the Tesla Coil indicator and provide a more intuitive way to interpret the indicator. The signals should be interpreted as suggestions rather than as a hard-coded set of rules.
NOTE: Please do NOT trade off the signals blindly. Always try to use your own intuition for understanding the coils and check for confluence with other indicators before initiating a trade.
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Enhancements for settings interface
Better default settings
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Removed unused setting
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Add Maximum Entropy Spectral Analysis (MESA) line for dominant cycle identification; can be used as added confluence to screen ML Signals
Thanks! This truly means a lot coming from you. This indicator would not be possible if it wasn't for your incredible work. Thanks for all that you do.
moejama0388
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On higher time frames you and veryfid spoke sorcery...My mother thanks you two.
davewantsmoore
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MESA code doesn't seem to work? (It returns zero, ie. 0+20=20) Is this known issue? or, am I doing something wrong?
MaxMaseratiX
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Amazing improvement.
ashdays
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Amazing work @jdehorty When you get a chance could you please add some alerts. Thank you kindly
gfvix21
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You are the best guys! Thanks
mrothko1
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great job. may I know what does the green and red dot mean on this version? thanks
jdehorty
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@mrothko1 Thank you. For the circles, here is a passage from the wiki: "The green and red circles in Tesla Coil ML represent the model’s characterization of a given crossover, with green indicating the cross has a bullish tendency and red indicating the cross has a bearish tendency. " Please refer to the wiki/guide I wrote for more information, which has a section on the Red and Green signals. The link is below the change log or on my profile.
vulcan4d
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@jdehorty, Was the wiki/guide removed? I don't see a reference to it under the change log. Thanks!