Signal to noise ratio

Signal to noise ratio

This technical indicator is an attempt to find the good momentum of trend : is it actually trending or in a range market?

Interestingly, it follows that π is not only the ratio between the length of a circle to its diameter, it is also a constant rather appears in statistics and, oddly enough, in the relationship between the distance between a price oscillation and a straight line.

  • If the signal / noise ratio is less than or equal to 1/2 π, we will be in a trading range or range.
  • If the signal / noise ratio is greater than 1/2 π, we are in a trending market.

Code converted from the Metatrader4 version, by request on Spanish forums.

Description from x-trader.net website.

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. bolsatrilera • 12/21/2016 #

    Sin duda,esta es la conversión correcta.Le quedo eternamente agradecido Nicolas.

  2. bolsatrilera • 12/21/2016 #

    ¿Hay algún problema para hacerlo público también en un blog que tengo?Entiendo que es un código de libre acceso.Gracias por todo Nicolas.

    • Nicolas • 12/21/2016 #

      Mientras el código y los comentarios permanezcan intactos por supuesto. Un enlace a este post también será muy apreciado 🙂

  3. verdi55 • 12/21/2016 #

    Thanks a lot, this is something I had been looking for for quite a while. Are there any other indicators on this site that can be used to decide whether the market is in a sideward range or trending ? I know the ADX and the RAVI for example. Anything else ? 

    • Nicolas • 12/21/2016 #

      You can also use the choppiness index,  which is also an oscillator made to detect ranging market : http://www.prorealcode.com/prorealtime-indicators/choppiness-index/

  4. sanjivmodi • 331 days ago #

    Respected sir, I would be grateful if you could send me signal to ratio indicator for Amibroker. Thanking you in advance. Regards Sanjiv modi

  5. robcole • 90 days ago #

    Hello Nicolas,

    I found this indicator by a google search. since I am mt4 user and you wrote that you have taken a mt4 version as a basis my question, is it possible to get this from you?

    Greetings robcole

    • Nicolas • 90 days ago #

      Hi Rob, sorry I do not offer MT4 support and I coded this one months ago, I think you’ll have to find it by yourself in the forums or elsewhere on the web 🙂

  6. robcole • 90 days ago #

    Thx for your reply, i understand, my hope was that you stillhave the mt4 version… however, can you point me into the right direction with the name of the mt4 version, i was searching with google without luck untill now :/ THX

avatar
Register or

Likes

avatar avatar avatar avatar avatar
Related users ' posts
Vonasi Thanks for sharing this Leo. I love anything that helps us understand where we are at in the...
swapping Merci Leo, very cool simplement pour la visualisation des plus haut et bas de la journée pas...
Mert Hello. It seems that when I reload the chart the candles are looking different than before. ...
Alai-n I also have the same problem that I can not solve especially on LowVolume (Yellow) ... Sorry
Mert No need to apologise, my friend. It is great code. I hope you find a solution soon. Regards.
Vonasi There is another very minor bug fix. The indicator description when you hover over the speec...
Reiner great work:-)
Vonasi Thanks Reiner. that is compliments indeed from the seasonality expert. I have a second vers...
Vonasi I noticed a couple of typo errors in the code. The list of variables lines 4 to 11 should be...
Genotik Thank you for your important contribution this week which is much appreciated! Happy New Yea...
Vonasi No problem. I hope they are useful to someone. Happy and hopefully prosperous New Year to y...
DarioMazza Hi Vonasi, i have a question for you, the comand "pricetype" where did you found it in the ...
Vonasi PriceType is just a variable that I use. The value decides what type of price is used in the...
Vonasi I noticed a couple of typo errors in the code. The list of variables lines 4 to 11 should be...
Vonasi The indicator code can easily be adapted for use as a filter in strategies as well. For exam...
AVT Tested today in manual DAX trading (transcripted to MT and changed look into aka oszillator)...
Vonasi I think that short time frame charts will be too noisy for this indicator. One blue bar real...
Vonasi I forgot to mention in the description that Sunday pivot lines are ignored and Monday's pivo...
AVT Like that, simple and clear!
Vonasi Thanks AVT. I like simple - some people would say that I do simple very well! Sometimes you ...
Nicolas
3 weeks ago
Yannick merci, interessant, une idée comment élaborer une stratégie d'après cet indicateur?
Marcel Would be nice if the idicator can be adjusted for the 4 phases of Stan Weinstein.
Nicolas Sure, but it has absolutely nothing to deal with...
MaoRai54 Hi, first of all Happy New Year. Well, I've inserted your indicator in DAX 1h but I cann...
Vinks_o_7 Hi Mao Happy New Year ! This is just an improved RSI where you plot a standard price momen...
LuisMi Hello merci pour l'indicateur j'ai un message d'erreur Veuillez définir la variable suiva...
LuisMi J'ai trouvé pour rajouter les variables... thanx for indicator
Inertia Very nice Franceso. Like it. Q: to turn your indicator into a strategy, shall I just replac...
supertiti Podemos añadir este codigo para tener las flechas : /////////////////////////////////////...
DaxRider Thank you Supertiti for your contribution best wishes
Warath Bonjour, tout nouveau sur le forum, j'essai de comprend un minimum la programmation et j'ai ...
Sonia Bonjour, Warath, je ne sais pas si tu as eu ta réponse ? Je débute aussi mais je pense pouvo...
Nicolas Merci Sonia :)
Nicolas
4 weeks ago
TradeNavigator RSI
TradeNavigator RSI
10
Indicators
Nicolas Tutte le impostazioni che hanno la parola "period" sono quelle dedicate ai periodi di cambio...
GianfrancoCeck Le chiedo una ultima cosa, ossia se è possibile personalizzare l'indicatore con una scritta ...
Nicolas Spiacente che non sia possibile, le coordinate grafiche non sono in pixel ma nel prezzo e ne...
ALE
1 month ago
larouedegann // ENABLED PARNER 1-0 / ON-OFF ONCE PrEnabled01 = P01 // SWITCH INDICATOR P0...
ALE P01 , it’s the first patner of the indicator, I hope to add others in future.
ALE We can discuss about the strategy here: https://www.prorealcode.com/topic/scalping-indicator/
swapping merci gabri, on va le mettre à l'essai ;)
Nicolas
1 month ago
Trinity Impulse
Trinity Impulse
3
Indicators
ribou bonjour Nicolas Bravo pour l'ensemble de ton oeuvre très riche en informations de qualité ...
Nicolas Cet indicateur nécessite que l'instrument possède des Volumes. Sinon il ne pourra pas se cal...
ribou ah d'accord merci beaucoup
Alai-n Merci pour ce travail...
patmaba merci Alai-n. C'est ma première participation sur prorealcode, merci pour à toi pour ton co...

Top