Adaptive Fisherized Trend Intensity Index

simwai Diupdate   
Here, I modified the script "Trend Intensity Index" (TII) of @everyget.
TTI was developed by M.H. Pee, who also published other trend analysis indicators like the Trend Trigger/Continuation Factor
It helps to determine how strong the current trend is.
The stronger the trend, the higher the chance the price may continue moving in the current direction.

Adaptive mode (based on Ehlers dominant cycle determination) => automatically determines the length
Inverse Fisher Transform => gives sharper signals
Customizable MA Types => discover the impact of different ma bases
Hann Window and NET smoothing => state-of-the-art smoothing
Trend Visualization => shows you the up/down/side trend

This indicator here offers a perfect trend filtering system. It is capable of up/down/side trend detection.
There are a lot of trend indicators which don't respect sidetrends, which makes this indicator pretty useful.

A lot of traders use trend-following trading systems.
A trader will usually make his/her entry in the market during a strong trend and ride it, until the TII provides an indication of a reversal.

For mean-revertive trading systems, you could use TII to just trade in side trend.
A lot of mean-revertive signal emitters like Bollinger Bands or RSI work most of the times better in side trend.

Furthermore, every timeframe could be used, but higher timeframes have more impact because trends are stronger there.

Green zone (Top) => Etablished bullish trend
"Peachy" Zone (Middle) => Sidetrend/flat market
Red Zone (Bottom) => Etablished bearish trend

Enjoy guys!
(Let me know your opinions!)


Credits to:
Catatan Rilis:
Restyled inputs
Optimized default values
Added two more adaptive modes

Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

Inggin menggunakan skrip ini pada chart?