This update to the previous HMA-Kahlman Trend, Clipping & Trendlines script features the same structure with the three modules: - Trendlines module, - NEW Winsorizing submodule using difference-based filtering. - HMA-Kahlman Trend module. The Winsorizing submodule filters signals by a volume level, eliminating the ones with the volume below a threshold. This module substitutes the previous 'low-level' filtering implementation. This time it filters out based on difference between scaled volume and its moving average. Tested with BTCUSD.
Q. Would there be a way to filter out some of the sideways noise. I'm thinking could we set a variable price range limit. So if price only moves up or down #bars or USD do not trigger the buy/sell signal?
capissimo
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@maverick81, check my Volume & Dollar Bars indicator for that. You can easily incorporate it yourself or use it side by side.
maverick81
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@capissimo, Ok cool thanks, I realised I was committing on a different version of this indicator, you have a few. I'll take a look
The real buy and sell points are when you untick " USE OFFSET". I back tested two scenarios, one ticked and one unticked, the former exploded into profit, the latter net worth went to zero
kryptquan
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@ysx, Wich setting do you mean ? i Cant see an "USE OFFSET"
kryptquan
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This is great work. Can somebody explain, what all the settings do exactly ?
Thank you guys
ameenthoufiqbaig
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Good evening, respect and love to u from India, thanks a lot providing such great tool, it gives a good trade view with auto trend lines, heartly I wish and pray have a god grace always and more success in life,
MiyagiRy0ta
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Amazing work!
I can't seem to find any repainting with the repainting enabled though, signals seem to be generated normally in replay mode as well unless I'm being silly, just seems like it just generates more accurate signals
Q. Would there be a way to filter out some of the sideways noise. I'm thinking could we set a variable price range limit. So if price only moves up or down #bars or USD do not trigger the buy/sell signal?