OPEN-SOURCE SCRIPT
Recursive Differenciator
Introduction
Cycles can be spotted by using a wide range of methods, most of them will involve bandpass filtering, here i will show a method using recursion with the change() function.
The Indicator
As i explained in other indicators using recursion i posted rescaling the input is important, i will use the rsi of an exponential moving average as input. alpha control the amount of output the indicator will use as input, values closer to 0.5 will use more input resulting in more periodic results.
Lowering alpha when length is higher can help get more periodic results.
Conclusion
I have showed a new cycle indicator using recursion. Recursion with oscillators can highlights cycles in price thus being easier to predict.
Thanks for reading !
Cycles can be spotted by using a wide range of methods, most of them will involve bandpass filtering, here i will show a method using recursion with the change() function.
The Indicator
As i explained in other indicators using recursion i posted rescaling the input is important, i will use the rsi of an exponential moving average as input. alpha control the amount of output the indicator will use as input, values closer to 0.5 will use more input resulting in more periodic results.
Lowering alpha when length is higher can help get more periodic results.
Conclusion
I have showed a new cycle indicator using recursion. Recursion with oscillators can highlights cycles in price thus being easier to predict.
Thanks for reading !
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
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Check out the indicators we are making at luxalgo: tradingview.com/u/LuxAlgo/
Pernyataan Penyangkalan
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