Volatility Filter Enhancement

Avatar
  • updated
  • Completed

Hi All,

So currently we have the option to filter by volatility upper and lower limits, which is great to target specific market movements.

However, i think that adding another mode can alway help and be a bit more flexible than a point value:

1. Compare 2 volatility indicators periods, and trade based on that. For example, if the X-period ATR is higher than a Y-period ATR, then you get a signal to trade.

2. If the second volatility is equal to a coefficient of another. For example, if 0.5X-period ATR is equal to Y-period ATR.

these are just examples, there can be multiple ways to implement this.

Thanks!


Avatar
1
Andrey Khatimlianskyi
  • Planned (collecting votes)

I'll add another mode soon (I already have it) -- allow trade if Volatility is growing (above the MA based on it) / falling (below the MA).

Avatar
0
lytnin
Quote from Andrey Khatimlianskyi

I'll add another mode soon (I already have it) -- allow trade if Volatility is growing (above the MA based on it) / falling (below the MA).

When you say MA, do you mean the indicator period?

Avatar
1
Andrey Khatimlianskyi

I mean Moving Average built on Volatility. Averaged volatility.

Avatar
0
Andrey Khatimlianskyi
  • Completed

Oh, this feature is available since v2.15 -- https://communitypowerea.com/docs/signals-and-filters#smoothing-filter

But I added another transformation, you can try it with 2.58.1 (will be available soon).

Avatar
0
jay hu

Thanks for Andrey add this function. Just test the new 2.58.1 version with OBV volatility smoothing filter, it brings higher win rate but less risk I guess. Please test on your end and help to improve it.

Image 5757

Image 5759

Image 5760

Image 5761


Avatar
0
lytnin
Quote from Andrey Khatimlianskyi

Oh, this feature is available since v2.15 -- https://communitypowerea.com/docs/signals-and-filters#smoothing-filter

But I added another transformation, you can try it with 2.58.1 (will be available soon).

Thanks for this! Ill try it out