PROTECTED SOURCE SCRIPT
SpeedZone Momentum Triggers
TLDR; Early momentum shifts detection.
Basically it looks at price deltas, (which is like first derivative) and smooths those out over period to account for noise.
But that just gives us velocity. What we want is accelleration (second derivative). So it takes the deltas of the smoothed deltas and also smooths it. Yes it lags a bit more as a result, but it's much cleaner and not affected by noise.
The motivation is to detect changes in accelleration as opposed to velocity. i.e. we could still be going up but someone is slamming the brakes and we don't stop right away, we detect brakes being applied.
This could be used as additional confirmation to your already existing system. Where it fails is in a ranging market you need some filter or additional signal to filter those out.
Basically it looks at price deltas, (which is like first derivative) and smooths those out over period to account for noise.
But that just gives us velocity. What we want is accelleration (second derivative). So it takes the deltas of the smoothed deltas and also smooths it. Yes it lags a bit more as a result, but it's much cleaner and not affected by noise.
The motivation is to detect changes in accelleration as opposed to velocity. i.e. we could still be going up but someone is slamming the brakes and we don't stop right away, we detect brakes being applied.
This could be used as additional confirmation to your already existing system. Where it fails is in a ranging market you need some filter or additional signal to filter those out.
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом, вы можете свободно им пользоваться. Можно добавить его в избранное и использовать на графике. Вы не можете просматривать или менять его исходный код.
Хотите использовать этот скрипт на графике?
I'm a passionate software engineer and a trader. I love making trading tools. Follow me if you want to be kept up to date.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.