Trend indicator based on singular spectrum analysis – indicator MetaTrader 5

Period of 5 minutes. Two trends SSA(120,50,4), SSA(50,20,7) and moving average MA(14)
Extracting trend and filtering noises using the method of singular spectrum analysis. Adjusting the indicator parameters allows to control the smoothness of the extracted trend and noise filtering threshold. The time horizon of the trading strategy determines the optimum dissection of data into trend, low-frequency and high-frequency additive components, followed by signal reconstruction. The indicator … Read more