PROTECTED SOURCE SCRIPT
[MAD] almost Nadaraya-Watson Envelope
Updated
This is a cloud where I tried to recreate the Nadaraya-Watson Envelope using a different mathematical approach
Clustered standard Ma's with weighting.
Objectives:
No repaints
Alerts
Almost the same output on live play.... (no need to replay history when configuring settings).
the presetup is for LuxAlgo's default settings (thanks for this great indicator).
Features:
Alarms with different modes --- Band 3 is the band that triggers the alarms.
more gradual setting for the curve
visual alerts for band 1 and 2
how to use:
in trend direction act the yellow "in direction" arrows tape 1
against the trend direction: the band 3 signal, DCA or with SL, prefer SL as it is safer
for both trading variants you can adjust the curve and the bands to your risk management
have fun
Clustered standard Ma's with weighting.
Objectives:
No repaints
Alerts
Almost the same output on live play.... (no need to replay history when configuring settings).
the presetup is for LuxAlgo's default settings (thanks for this great indicator).
Features:
Alarms with different modes --- Band 3 is the band that triggers the alarms.
more gradual setting for the curve
visual alerts for band 1 and 2
how to use:
in trend direction act the yellow "in direction" arrows tape 1
against the trend direction: the band 3 signal, DCA or with SL, prefer SL as it is safer
for both trading variants you can adjust the curve and the bands to your risk management
have fun
Release Notes
added selectable TimeframeRelease Notes
Digitalout is now a dedicadet Plotwhich forwards Level 3 Buy and Sells
buy= +1
sell = -1
here a sample with my free scripts
all the parameters are in the screenshot
The Daisychain line is:
Almost Nadaraya
x8 Processor with MDP function (each 2% one sell or buy)
MK5.6 Riskmanagement
possible extensions:
Almost Nadaraya
x8 Processor with MDP function (each 2% one sell or buy)
free L1 L2 RSI indicator from my scripts
another X8 which combines the channels
after this in the MK5.6
alternative you just can use the digitalsignal plots in you own strategy and work with that signal
Release Notes
corrected screenshotRelease Notes
addition of "spikedetekt", default offthan alarms also come on low and high instead of close
addition of "zero lag" indicator to find no trade zones (a experiment to decrease fail traids when countertrend usage)
this also filters the alarms
addition of multibit implementation to daisychain x8 processor and modular backtesting
Release Notes
bugfix sideways trend filter for plotshapesRelease Notes
multitimeframe possibility for the sideways filter Release Notes
libary updateRelease Notes
Changed the way digits are handled, thanks to JohnNey for that ideaAdded optional OSZILLATOR mode changeable via dropdownbox
it messures the distance from close to the boundary channels
To use this feature, you need to move the indicator into a new plane and select the correct
operation-mode
Release Notes
Additions to the oszillator settings and new alertmodeChangeable Hlines
Selectable alertmode "Oszillator"
Alerts based on Hlines movment direction change
Alerts L1 are not usefull here, you may disable
Detection Length (time of moving in)
Filter Length (time of moving out)
Release Notes
removing sideways filter... no consistent backtesting results, big no trade zones and still lots of overbuys/oversells in the wrong spots.Release Notes
added alerts for bands 1 and 2Release Notes
... typoProtected script
This script is published closed-source and you may privately use it freely.
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djmad|Bitblockart
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