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.
Notas de Lançamento
Updated color scheme for easier readability
Updated default settings
Added directionality to volatility squeeze "dots"
Removed function calls with soon to be depreciated arguments
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Algo Trading Simplified 👉 PaxProfits.com Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Também em:
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.