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Re: Indicators with background Zones

Banzai, Wed Oct 27, 2021 6:03 pm

Banzai wrote: Thu Jun 04, 2020 2:34 am SATL = Slow Adaptive Trend Line
T3 = a smoothing algorithm. The line will be smoother; less false breakouts.
ATR = Average True Range; measures the volatility of the market
mtf = multi time frame
arrows = this indicator can display arrows when the slopes change.
alerts = this indicator will alert you when the slopes change.

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Slow Adaptive Trend Line - is a long-term trend line estimate.
Low frequency filter parameters are selected from current spectrum of specified market.
SATL (k) is an average of distribution of FATL (k). [Fast Adaptive Trend Line]
Rising SATL line points out the bullish trend, falling line points the bearish trend.

This SATL was smoothed by the T3 algorithm. It's smoother than the regular SATL.
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T3 SATL ATR Channel + Background Zones

Now has interpolation + AHTF.
AHTF = Automatic Higher Time Frame

You can turn the background zones on or off.
Arrows on or off.
ATR Channel on or off.
T3 SATL line on or off.

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