Mel Veteran   Posts: 235 Joined: 3/18/2006  User Profile | the system is much improved with some filtering of signals around the zero line. This oscillator works very differently than most of them. It uses the derivative of price, approximated by C-C[1], and normalizes that into standard deviations, which approximates a gaussian distribution. That is transformed into a soft-limited line using the inverse fisher transform. It is smoothed by a Super smoother filter, which acts as an integrator. The period is used in the SSF allow you to trade off quicker reactions against more smoothing. [Edited by Mel on 1/20/2022 2:09 PM]  Attached file : eElegantOsc.txt (1KB - 331 downloads) Attached file : eElegantOscSys.txt (1KB - 314 downloads) |
