[MAD] almost Nadaraya-Watson Envelope

22 Jul 2022

This is a cloud where I tried to recreate the Nadaraya-Watson Envelope using a different mathematical approach
Clustered standard Ma's with weighting.

Objectives:
No repaints
Alerts
Almost the same output on live play.... (no need to replay history when configuring settings).

the presetup is for LuxAlgo's default settings (thanks for this great indicator).

Features:
Alarms with different modes --- Band 3 is the band that triggers the alarms.
more gradual setting for the curve
visual alerts for band 1 and 2

how to use:
in trend direction act the yellow "in direction" arrows tape 1
against the trend direction: the band 3 signal, DCA or with SL, prefer SL as it is safer
for both trading variants you can adjust the curve and the bands to your risk management

have fun

23 Jul 2022

Nota Keluaran

added selectable Timeframe

29 Jul 2022

Nota Keluaran

Digitalout is now a dedicadet Plot
which forwards Level 3 Buy and Sells

buy= +1
sell = -1

here a sample with my free scripts

all the parameters are in the screenshot

The Daisychain line is:
Almost Nadaraya
x8 Processor with MDP function (each 2% one sell or buy)
MK5.6 Riskmanagement

possible extensions:
Almost Nadaraya
x8 Processor with MDP function (each 2% one sell or buy)
free L1 L2 RSI indicator from my scripts
another X8 which combines the channels
after this in the MK5.6

alternative you just can use the digitalsignal plots in you own strategy and work with that signal

29 Jul 2022

Nota Keluaran

corrected screenshot

25 Ogo 2022

Nota Keluaran

addition of "spikedetekt", default off
than alarms also come on low and high instead of close

addition of "zero lag" indicator to find no trade zones (a experiment to decrease fail traids when countertrend usage)
this also filters the alarms

addition of multibit implementation to daisychain x8 processor and modular backtesting

26 Ogo 2022

Nota Keluaran

bugfix sideways trend filter for plotshapes

30 Ogo 2022

Nota Keluaran

multitimeframe possibility for the sideways filter

23 Okt 2022

Nota Keluaran

libary update

20 Apr 2023

Nota Keluaran

Changed the way digits are handled, thanks to JohnNey for that idea

Added optional OSZILLATOR mode changeable via dropdownbox
it messures the distance from close to the boundary channels
To use this feature, you need to move the indicator into a new plane and select the correct
operation-mode

22 Apr 2023

Nota Keluaran

Additions to the oszillator settings and new alertmode

Changeable Hlines
Selectable alertmode "Oszillator"
Alerts based on Hlines movment direction change
Alerts L1 are not usefull here, you may disable
Detection Length (time of moving in)
Filter Length (time of moving out)

16 Mei 2023

Nota Keluaran

removing sideways filter... no consistent backtesting results, big no trade zones and still lots of overbuys/oversells in the wrong spots.

10 Jul

Nota Keluaran

added alerts for bands 1 and 2

10 Jul

Nota Keluaran

... typo