Empirical Suite

2020年9月21日

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.

2021年7月15日

リリースノート

• Updated color scheme for easier readability
  
• Updated default settings
  
• Added directionality to volatility squeeze "dots"
  
• Removed function calls with soon to be depreciated arguments