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[Sapphire] JetStream (SWMA + Laguerre Filter)

A Dynamic Fusion of Sine Weighted Moving Average and Laguerre Filter
The [Sapphire] JetStream Indicator is a versatile tool that combines the Sine Weighted Moving Average (SWMA) and the Laguerre Filter. This can be used to dynamically visualize price movements overtime.
Core Components:
Sine Weighted Moving Average (SWMA):
Laguerre Filter:
Bar Repainting:
The [Sapphire] JetStream Indicator is a versatile tool that combines the Sine Weighted Moving Average (SWMA) and the Laguerre Filter. This can be used to dynamically visualize price movements overtime.
Core Components:
Sine Weighted Moving Average (SWMA):
- The SWMA applies sine-weighted coefficients to recent price values, producing a responsive moving average that adapts to market conditions.
- The plotted SWMA line changes its color based on directional movement:
- Cyan: Upward trend.
- Gray: Downward trend.
- The sensitivity of the SWMA is controlled via the SWMA Length input, allowing users to fine-tune its responsiveness to price changes.
Laguerre Filter:
- The Laguerre Filter uses recursive smoothing techniques to extract meaningful trends while minimizing lag.
- The filter line dynamically changes color:
- Blue: Upward momentum.
- White: Downward momentum.
- The Laguerre Alpha parameter adjusts the filter's smoothing intensity, giving users control over its reaction to price fluctuations.
Bar Repainting:
- The bar coloring feature adds another layer of visualization by dynamically altering bar colors based on the interaction between the SWMA and Laguerre Filter:
- White: Both SWMA and Laguerre Filter are trending upward.
- Teal: Both SWMA and Laguerre Filter are trending downward.
- Cyan: Divergence between the two (one trending upward, the other downward).
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。