DynamicRS: A High-Low Recursive Indicator for Smoothing Price Noise

Summary

DynamicRS is a price indicator built from comparisons among the current bar's high or low, the corresponding value on the previous bar, a value from a specified number of bars earlier, and the prior indicator reading. When the high-side conditions are met, the line takes the current high; a mirrored rule uses lows. The author says the resulting movement resembles a moving average while filtering noise more effectively.

The post presents the indicator's construction concept but does not provide the full formula, parameter guidance, chart examples, or performance evidence. Its trading applications were still being explored, and the author invites users to share experiments. The claimed noise filtering should therefore be treated as an unverified observation, not proof of predictive value or a complete trading strategy.

Key ideas

• The indicator updates from current highs or lows when comparisons with prior price and indicator values meet its conditions.
• The low-side rule mirrors the high-side rule.
• The author describes the line as moving-average-like with reduced noise.
• No tested application or performance evidence is provided.

Tags

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