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Empirical Suite

4708
This indicator removes high-frequency noise from 4 extremely useful measurements:
  • Volume
  • Volatility
  • Trend
  • Momentum


All plots are normalized after filtration to make comparisons easier.

In the chart, I step through an example trade on TSLA, however, the indicator works well on
Currencies and Commodities too.

Comparing side-by-side to other common tools

*RSI: Faster entries and exits
*Stochastic: Faster exits and less false positives
*Momentum: Not manipulated by low-volume spikes
*TTM Squeeze: Regularly 1 bar faster on both entries and exits
*MACD: Faster entries and exits

I plan on releasing updates in the future - Alerts, Entry & Exit conditions, and better performance during consolidation.
Sürüm Notları
  • Updated color scheme for easier readability
  • Updated default settings
  • Added directionality to volatility squeeze "dots"
  • Removed function calls with soon to be depreciated arguments

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.