Last updated
Last updated
Sets the higher timeframe used to determine Signal-to-Noise Ratio (SNR). If a value other than ‘chart’ is set, this will override the setting in the section.
Specifies the SNR Mode.
Sets the minimum signal threshold required for the algorithm to fire signals.
Specifies the minimum volatility required for the algorithm to fire signals. Higher values will reduce sensitivity to price fluctuations making signals less frequent, but more reliable. This may prove useful in choppy market conditions.
The Higher Timeframe trailer analyzes macro trends over 1000 candles, at the resolution of the current timeframe loaded in TradingView. See the section for details.
Specifies if and will be adjusted manually or set to a short, medium, or long-term preset.
Sets the number of lookback periods used to calculate .
Sets the standard deviation used in SNR trend calculation. Generally, SNR Std. Deviation (sd) should be increased as (p) is increased. e.g. p = 10, sd = 1.9; p = 20, sd = 2; p = 50, sd = 2.1. However, these settings may not suit some assets.
Volatility detection based on the width of the Bollinger Band technical indicator can also be activated as a global function in the section. Global volatility detection operates independently of volatility settings within individual factions.
The Price Action (SNR) algorithm determines trend direction by analyzing Signal-to-Noise Ratio data.