PROTECTED SOURCE SCRIPT
Empirical Suite
Updated
This indicator removes high-frequency noise from 4 extremely useful measurements:
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.
- 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 onCurrencies 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.
Release Notes
- Updated color scheme for easier readability
- Updated default settings
- Added directionality to volatility squeeze "dots"
- Removed function calls with soon to be depreciated arguments
Protected script
This script is published closed-source and you may privately use it freely.
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