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Empirical Suite

5 191
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.
Notes de version
  • Updated color scheme for easier readability
  • Updated default settings
  • Added directionality to volatility squeeze "dots"
  • Removed function calls with soon to be depreciated arguments

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.