indicator which measures the smootheness of pricemovement?

Quote from bootize:

I know exactly what you're looking for... and the short answer to your question is "no." a few years back I looked long and hard for exactly this type of indicator... it just didn't exist.

However... it was that search that lead me to get software where I could invent that indicator myself. It took a while to first master the software (Amibroker), then to create the indicator.

In the end, I came up with something very reliable.... the calculations are very extensive.... but it can be done.
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maybe I should try code it by myself

but frankly speaking I have not any idea about how to code it

how to describe?

with eyes I can tell you the chart is beautiful and smootely

but I do not know how to code

it is a tough problem
 
Quote from murray t turtle:

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200 day moving average is pretty smooth;
may want to look at a ma that is a bit rougher,
[less smooth also]:cool:
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If he trades off a 200 day moving average, then he will only make a trade once every 200 days. lol.
 
Quote from robinxing:

is there any indicator which can do the job?


thank you
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Renko charts. Not all charting software has them. You have to check around.
 
Quote from murray t turtle:

================
200 day moving average is pretty smooth;
may want to look at a ma that is a bit rougher,
[less smooth also]:cool:
More...

Type of chart: 200 tick
Moving Averages: 200 and 50 Simple Moving Average
CCI Histogram: Set to 50 with a Signal Period of 1

Put it up on a screen and watch it for a week.

Good trading,

JJ
 

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Quote from JimmyJam:

Type of chart: 200 tick
Moving Averages: 200 and 50 Simple Moving Average
CCI Histogram: Set to 50 with a Signal Period of 1

Put it up on a screen and watch it for a week.

Good trading,

JJ
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Is that set up for swing trading? Or daytrading. Sounds like swing trading to me. I'll check out your set up. I usually set my MA's at 5 and 10. My CCI set much lower.
 
Quote from SarahG:

Is that set up for swing trading? Or daytrading. Sounds like swing trading to me. I'll check out your set up. I usually set my MA's at 5 and 10. My CCI set much lower.
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The 200 tick setting is very responsive to price action.

The SMA's show the dominant trend.

The CCI set to 50 show ZLR's, TLB's, Shamu's, etc, while avoiding most of the back-and-forth CHOP.

You have to put it up on a screen and observe it, see if it works for you.

I don't like tight scalping for a few bucks, I like to take 1-3 solid trades a day, so I use the bigger settings and/or larger time frames, but I trade intra-day.

JJ
 
Quote from robinxing:

maybe I should try code it by myself

but frankly speaking I have not any idea about how to code it

how to describe?

with eyes I can tell you the chart is beautiful and smootely

but I do not know how to code

it is a tough problem
More...
i have not done it, so i am theorising here, but you
might want to look at two indicators which take noise
filtering into account. i am thinking of adaptive averages
a la kaufmann, tilson, jurik. and i would take two of
them with slightly different length. their different
"reaction time" should be the noise you are looking
for. but as i said ... didn't do it myself.
 
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