PROTECTED SOURCE SCRIPT
Updated Empirical Suite
This indicator removes high-frequency noise from 4 extremely useful measurements:
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.
- 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 onCurrencies 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.
Release Notes
- Updated color scheme for easier readability
- Updated default settings
- Added directionality to volatility squeeze "dots"
- Removed function calls with soon to be depreciated arguments
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.