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Signal To Noise Ratio

5 497
Determines a S:N ratio and plots a level as a threshold for noise. From ProRealCode prorealcode.com/prorealtime-indicators/signal-noise-ratio/
This technical indicator is an attempt to find the good momentum of trend : is it actually trending or in a range market?

Interestingly, it follows that pi is not only the ratio between the length of a circle to its diameter, it is also a constant rather appears in statistics and, oddly enough, in the relationship between the distance between a price oscillation and a straight line.

If the signal / noise ratio is less than or equal to 1/2 pi, we will be in a trading range or range.
If the signal / noise ratio is greater than 1/2 pi, we are in a trending market.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.