The Trend Quality Indicators described by David Sepiashvili can be easily implemented in the NeuroShell Trader by combining a few of the NeuroShell Trader’s over 800 indicators and two custom indicators. To implement the Q-Indicator and B-Indicator, select “New Indicator…” from the “Insert” menu and use the Indicator Wizard to create the following indicators:
REVERSAL: OR2 ( ExpCrossAbove(Close,7,15), ExpCrossBelow(Close,7,15) ) CPC: PiecewiseCumulativeChange ( Close, REVERSAL ) TREND: PiecewiseExpAvg ( CPC, REVERSAL, 4 ) DT: Sub ( CPC, TREND ) NOISE: Mult2 ( 2, Sqrt ( MovAvg ( Mult2 ( DT, DT ), 250 ) ) ) QINDICATOR: Divide ( TREND, NOISE ) BINDICATOR: Divide ( AbsoluteValue ( TREND ), Add2 ( AbsoluteValue ( TREND ), NOISE ) ) |
Note that the PiecewiseCumulativeChange and PiecewiseExpAvg indicators are custom indicators.
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