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Indicator LuxAlgo Envelope

This indicator builds upon the previously posted Nadaraya-Watson smoothers. Here we have created an envelope indicator based on Kernel Smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson estimator, this indicator follows a contrarian methodology.

Please note that by default this indicator can be subject to repainting. Users can use a non-repainting smoothing method available from the settings. The triangle labels are designed so that the indicator remains useful in real-time applications.

Non Repainting

This tool can outline extremes made by the prices. This is achieved by estimating the underlying trend in the price, then calculating the mean absolute deviations from it, the obtained result is added/subtracted to the estimated underlying trend.

The non-repainting method estimates the underlying trend in price using an "endpoint Nadaraya-Watson estimator", and would return similar results to more classical band indicators.

The repainting method makes use of the Nadaraya-Watson estimator to estimate the underlying trend in the price. The construction of the band extremities is the same as in the non-repainting method.

We can expect the price to reverse when crossing one of the envelope extremities. Crosses between the price and the envelopes extremities are indicated with triangles on the chart.

For real-time applications, triangles are always displayed when a cross occurs and remain displayed at the location it first appeared even if the cross is no longer visible after a recalculation of the envelope.

By popular demand, we have integrated alerts for this indicator from the crosses between the price and the envelope extremities. However, we do not recommend this precise method to be used alone or for solely real-time applications. We do not have data supporting the performance of this tool over more classical bands/envelope/channels indicators.

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Indicatore unico che implementa un approccio professionale e quantitativo al trading di reversione. Sfrutta il fatto che il prezzo devia e ritorna alla media in modo prevedibile e misurabile, il che consente regole di entrata e uscita chiare che superano di gran lunga le strategie di trading non quantitative. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Segnali di trading chiari Incredibilmente facile da scambiare Colori e dimensioni personalizzabili Implementa
Price Action Scanner Pro is an indicator that identifies price behaviors and provides alerts, offering more features and customization compared to Price Action Scanner. This indicator can simultaneously detect signals for up to 15 symbols across different timeframes. You can configure it to detect signals during specific trading sessions such as Asian, European, and US sessions, using different timeframes. This allows you to use lower timeframes for active trading periods and higher timeframes
"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." The Modified TTM Squeeze Indicator is a modi
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Witch Hat for Binary Options is an indicator for binary options based on analysis of Bollinger Bands and RSI, using a modulated strategy with indicator settings using complex filters. This indicator never repaints, it has an almost accurate answer for you to make the entries. There are two ways for you to analyze your entry, when an arrow appears you have more than 90% chance of hits, and the other way is the lines that it automatically draws and its trend line. It has surprisingly strong s
Elliott Wave Principle, developed by Ralph Nelson Elliott , proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
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