Sadukey indicator (closed)

[Alexander.Gettinger]

Note!!! Please find a new version of the indicator here: viewtopic.php?f=17&t=2525.

viewtopic.php?f=27&t=1725

The indicator was revised and updated

[virgilio]

Hello, im new to this board and although i trade frequently Im not a programmer. What is the exact calculation for the Sadukey indicator? What does it measure exactly?
Thank you so much for your reply?

[Nikolay.Gekht]

This indicator is a kind of digital filter applied on the prices. It works like, for example, LF/HF filters in the sound processing. In terms of prices it highlights a kind of "carrier wave". In other words this is an attempt to analyze the market as a system of harmonics (you know, all these Fourier transforms and so on).

From the point of view of the result it's an indicator which shows the trend direction (like a pair of short and long moving average), but with very small latency. As you can see on the snapshot - it detects the trend change in 1-4 bars range. However, it's still vulnerable to the market stagnations, so, it would be great to use it together with other indicators.

[virgilio]

Thank you so much for your reply. I understand the indicator much better now! In terms of calculating the indicator though, what is the formula?
Thanks again.

[jefftrader]

You don't even want to know!

just take a look at the lua file. the math is crazy (as is the math in most digital filters).

jefftrader

[forexgill]

Is it possible to create a buy/sell signal for this indicator?

Thank you

[Apprentice]

Added to Development cue.

[Apprentice]

Requested can be found here.
viewtopic.php?f=29&t=2460

[Apprentice]

Indicator was revised and updated.