Quadratic Semaphore

The quadratic semaphore indicator is an indicator that find confirmed market u-turn with the help of 2 quadratic regression calculated with Highs and Lows over the last “length” periods.

- “p” setting is candlesticks quantity to confirmed the quadratic regression has formed a High or Low parabola, such as Fractals. Consecutive same signals can happen due to the use of different price values for upper and lower semaphore.

- Adjust the settings to your instrument and time frame.

- Alerts included.

Success with your trade¡¡
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You should give original author credit (nick from PRC) you copy/pasted his code exactly...
+5 回覆
very interesting!
Dreadblitz JoshuaMcGowan
@JoshuaMcGowan, thanks buddy greetings
Will be doing some testing with this and will provide feedback, looks great :D
@JJosuke, I hope you find it useful, regards
Amazing script as per usual. However you have made quite a few of these scripts that give signals with emojis. Perhaps it would be more viable to collect them all in one big script? That way you can have more indicators.
Dreadblitz DEAD_HUNTER
@DEAD_HUNTER, hello, it's a good idea, regards
DEAD_HUNTER Dreadblitz
@Dreadblitz, Also is it possible that you could make an indicator which would be able to indentify trading ranges? This would be especially usefull for iron condors and the like!
@Dreadblitz, I know its a lot to ask for but perhaps a combination of these 3 parameters, into 1 super trading range indicator would do the trick. I will experiment with this myself later today, however I just find your indicators to be of a higher quality that I could possibly make myself. https://www.quantnews.com/3-ways-to-identify-a-ranging-market-with-your-algo/
@DEAD_HUNTER, Update. I made a very simple (and ugly) version of this. It can be found here:
The biggest flaw with it, is that it sometimes gives a fake reading of 1 bar where you are in a trading range. Perhaps a condition such as it must last at least 3 bars for it to give a positive reading could be introduced. Also its ugly as hell, so feel free to copy and modify it as you please @Dreadblitz
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