The "Smooth ROC & Stochastic with Kalman Filter" indicator is a trend following tool designed to identify trends in the price movement. It combines the Rate of Change (ROC) and Stochastic indicators into a single oscillator, the combination of ROC and Stochastic indicators aims to offer complementary information: ROC measures the speed of price change, while...
Heyo guys, I made a new (repainting) indicator called Local Model Kalman Market Mode.
I created it, because I wanted a reliable market mode filter for a potential mean-reversion strategy (e. g. BB Scalping).
On the screenshot you can see an example of how to use it in a BB strategy.
E.g. you would enter long when you have bullish divergence, price...
This is an upgrade to the HMA-Kahlman Trend & Trendlines script ().
This version gives more flexibility because you can play around with 2 parameters to Kalman function (Sharpness and K (aka. step size)).
R-squared Adaptive T3 is an R-squared adaptive version of Tilson's T3 moving average. This adaptivity was originally proposed by mladen on various forex forums. This is considered experimental but shows how to use r-squared adapting methods to moving averages. In theory, the T3 is a six-pole non-linear Kalman filter.
What is the T3 moving average?