Hann Window Amplitude FilterThis script is designed to implement a multi-signal Hann filter, which is essentially a movable Hann window filter. The purpose of this filter is to allow users to select the periods or frequencies that best align with their trading strategy or market analysis.
The Hann window filter operates by enabling the selection of either lower or higher frequencies. The period of the window is twice the number of signals you wish to filter. As you shift the window by the number of your signals, the signal on one side will have an amplitude of 0, while the other side will have an amplitude of 1.
Continuing to shift the window will result in new values of 0. This feature is particularly useful for further filtering the frequencies or periods that you want to focus on for your trading decisions.
In summary, this script provides a flexible and customizable tool for filtering signals based on their frequency or period, which can be a valuable addition to any trader's technical analysis toolkit.
Frequencies
Tesla CoilThis indicator reads the charts as frequency because the charts are just waves after all. This is an excellent tool for finding "Booms" and detecting dumps. Booms are found when all the frequencies pull under the red 20 line. Dumps are detected when all the lines drag themselves along the 20 line as seen is screenshots below.
Below is another 2 examples of a "boom". Everything sucks in before exploding out.
Below is an example of a dump:
Adaptive Zero Lag EMA v2This is my most successful strategy to date! Please enjoy and join the Open Source movement by sharing your code and ideas online!
OPERATING PRINCIPLE
The strategy is based on Ehlers idea that any indicator can be turned into a signal-producing trade system through smoothing and other filtering processes.
In fact, I'm using his Zero Lag EMA (ZLEMA) as a baseline indicator as well as some code snippets he has made public (1). God bless open source!
Next, I've provided the option to use an Instantaneous Frequency Measurement (IFM) method, which will adaptively choose the best period for the ZLEMA (2)
I've written other studies that use the differential calculus approximations for IFM, so it was only natural to include them in this strategy.
The primary two are Cosine IFM (3) and In-phase Quadrature IFM (4). You can also find an indicator with both plotted and the ability to average them together, as one IFM prefers long periods and the other short. (5)
BEFORE WE BEGIN
1. This strategy only runs on "normal" FX pairs (EURUSD, GBPJPY, AUDUSD ...) and will fail on Metals or Commodities.
Cryptos are largely untested.
2. Please run it on these time frames: M15 to D.
Anything outside this range will likely fail.
HOW TO USE AND SUCCEED
1. If the Default settings don't produce good results right off the bat, then lower gain limit to 1 or 2 and threshold to 0.01.
2. Test each setting under adaptive method . If you want to leave it Off , then I'd recommend using some kind of IFM (see my links below) to
discover the most efficient period to use.
3. Once you have the best adaptive method chosen, begin incrementing gain limit until you find a nice balance between profit factor (PF) and drawdown.
4. Now, begin incrementing threshold . The goal is to have PF above 2 and a drawdown as low as possible.
5. Finally, change the source ! Typically, close is the best option, but I have run into cases where high
yielded the highest returns and win rate.
6. Sit back, relax, and tweak the risk until you're happy with the return and drawdown amounts.
ADVANCED
You may need to adjust take profit (TP) points and stop loss (SL) points to create the best entry possible. Don't be greedy! You'll likely have poor
results if the TP is set to 300 and SL is 50.
If you are trading a pair that has a long Dominant Cycle Period , then you may increase Max Period to allow the IFM
to accept longer periods. Any period above the Max Period will be rejected. This may increase lag time!
Cheers and good luck trading!
-DasanC
PS - This code doesn't repaint or have future-leak, which was present in Pinescript v2.
PPS - Believe me! These returns are typical! Sometimes you must push aside the "if it's too good to be true..." mindset that society has ingrained in you.
Do you really believe the most successful pass up opportunities before investigating them? ;)
(1) Ehlers & Ric Zero Lag EMA
(2) Measuring Cycles by Ehlers
(3) Cosine IFM
(4) Inphase Quadrature IFM
(5) Averaging IFM
