DigVariation Trend Indicator with Adjustable Digital Filtering

Summary

DigVariation is described as a trend indicator whose zero-line crossings signal a trading direction and indicate when to close a position. Its output receives a final averaging stage using digital filters, with the selected filter controlled by the SmoothPower parameter. The description also notes that the implementation uses classes from a separate smoothing library.

The document gives no formula for the indicator, filter choices, parameter guidance, chart example details, or measured performance. It therefore explains the basic signal concept and the existence of a configurable smoothing stage, but does not establish whether crossings are timely or reliable in different market conditions. Readers would need the implementation or further documentation to assess calculation details and test the indicator. No risk controls, entry sizing rules, or backtest evidence are provided.

Key ideas

• The indicator uses crossings of a zero line to signal trade direction and position closure.
• A digital filter performs the final averaging of the indicator output.
• The SmoothPower parameter selects the filter used for that averaging stage.
• The indicator relies on classes from a separate smoothing library.
• The description provides no performance evidence or detailed signal formula.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.