Empirical Suite

This indicator removes high-frequency noise from 4 extremely useful measurements:

• 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 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.

เอกสารเผยแพร่:

• Updated color scheme for easier readability
  
• Updated default settings
  
• Added directionality to volatility squeeze "dots"
  
• Removed function calls with soon to be depreciated arguments