Thank you!
Thank you!
Thank you!
MrTools
Here's the FTLM histogram indicator.mntiwana wrote:Fri Sep 14, 2018 5:24 pm
"jfatl" is Jurik FATL (fast adaptive trend line)
just keep in mind some older versions (old jfatl, jfatl speed and jfatl speed R-repainting) repaints as Mrtools explained,i means the ones using old jurik repainting version
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I think this and some other such kind of indicators belongs to Filters family indicators but experts can better explain
for example
FATL,- fast adaptive trend line
SATL - slow adaptive trend line
FTLM - fast trend line mom
STLM - slow trend line mom
RFTL - reference fast trend line
RSTL - reference slow trend line
FATL (Fast Adaptive Trend Line)– is formed with the digital filter of the low frequency FLF - 1. Filter FLF – 1serves to suppress noises of high frequency and market cycles with very short periods of oscillation that can be considered as noise - Fast Adaptive Trend Line (suppression of high-frequency noise market cycles with very short periods of fluctuation)
SATL (Slow Adaptive Trend Line)– is formed with the digital filter of the low frequency FLF - 2. Filter FLF – 2 serves to suppress noises and market cycles with longer periods of oscillation - Slow Adaptive Trend Line (suppression of noise and market cycles with more longer periods of fluctuation);
FTLM - Fast Trend Line Momentum
STLM - Slow Trend Line Momentum
(FTLM and STLM show rate of changing (falls or growing) of FATL and SATL calculated similarly with Momentum indicator but using smoothing as a result of filtrations of the price)
RFTL - Reference Fast Trend Line
RSTL - Reference Slow Trend Line
(RFTL and RSTL are the analogues of MA in the sense of their delay for current prices)
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These filters parameters (frequency of cutting fc and fading A in the stop band) were calculated with spectral estimate of the currency rate EUR/USD. Filters of low frequency FLW –1 and FLF – 2 provide attenuation in the stop band with no less than 40 dB and absolutely don’t distort the amplitude and phase of entry discontinuous price series in the pass band (bandwidth). These properties of the digital filters provide significantly improved (in comparison with simple moving average) noise suppression that in its turn allows reducing sharply the probability of appearance “false” signals for purchase and sell.
NEW INSTRUMENTS OF THE TECHNICAL ANALYSIS AND THEIR INTEPRETATION
Main innovation of the AT&CF-method is an adaptive trend line with arbitrary form, the movement direction of which is the direction of the prevailing trend on the market. The adaptive trend line is a low frequency component of the entry time series marked with the help of the digital filter of low frequency (FLF), letting low frequencies through and cutting high frequencies of the price instability (fluctuations). The lower frequency cutting fc of FLF, the smoother the trend line becomes. Such approach is in compliance with the trend notion adopted in all technical and radio physical applications
FTLM can predict the trend early and it is great for divergence too.mntiwana wrote:Fri Sep 14, 2018 5:24 pm FTLM - Fast Trend Line Momentum
STLM - Slow Trend Line Momentum
(FTLM and STLM show rate of changing (falls or growing) of FATL and SATL calculated similarly with Momentum indicator but using smoothing as a result of filtrations of the price)
Hi Banzai,Banzai wrote:Thu Nov 28, 2019 5:57 am How to read FTLM histograms. Fast Trend Line Momentum.
hannele wrote:Thu Nov 28, 2019 8:22 am Hi Banzai,
would it possible to share that session indicator, please ? Visually very pleasing with different colour background.
cheers
hannele
mntiwana wrote:Fri Sep 14, 2018 5:24 pm I think this and some other such kind of indicators belongs to Filters family indicators but experts can better explain
for example
FATL - fast adaptive trend line
SATL - slow adaptive trend line
FTLM - fast trend line mom
STLM - slow trend line mom
RFTL - reference fast trend line
RSTL - reference slow trend line
FATL (Fast Adaptive Trend Line)– is formed with the digital filter of the low frequency FLF - 1. Filter FLF – 1serves to suppress noises of high frequency and market cycles with very short periods of oscillation that can be considered as noise - Fast Adaptive Trend Line (suppression of high-frequency noise market cycles with very short periods of fluctuation)
Trend_Power_Combo
Trade style: Any
Tool Type: Analysis
Genre: Auxiliary tool
Recommended currency pairs: all currencies
Hours: All hours
Recommended market: None
Overview
Point each numerical value of several indicators
A tool for judging the strength of trends
Which market is in the uptrend, downtrend range of the current market?
And if a trend is occurring
You can judge how strong it is
The more meters in the indicator, the stronger the trend
In addition, it can be judged as an upward trend by increasing the meter above, and a downward trend if it increases below
Parameter introduction
HistorySize: 1000
→ You can set the number of candlesticks to display Trend_Power_Combo
Trend_Filter: Pattern1
→ You can set the response to Trend_Power_Combo trend
Pattern 0 → Let's look at the strength of fine trends
Pattern 1 → Look at the strength of the average trend
Pattern2 → Look at the strength of the big trend
Comments from the producer
An analysis tool that can quickly determine the strength of a trend
This tool alone can be used for entry and payment,
We also recommend that you add this to your discretion!
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