Smoothing Price Inputs for a Floating Pivot Indicator
Summary
This indicator description explains a smoothed variant of Float Pivot Digit. It applies a configurable smoothing method to the input time series used in the indicator’s calculations. Users can choose the smoothing method and set its depth and phase or related parameter, with the meaning of that last setting varying by algorithm. The stated default method is a simple moving average with a depth of 12 and a phase value of 100.
The document identifies the SmoothAlgorithms library as a dependency and points to a separate article for an explanation of its classes. It provides no trading rules, signal interpretation, chart evidence, or performance testing, so it teaches the indicator’s configuration and implementation context rather than demonstrating an effective trading strategy. Results will depend on the selected smoothing algorithm and settings, and the description does not quantify their effects on lag or signal quality.
Key ideas
- The indicator smooths the input time series used in Float Pivot Digit calculations.
- Its settings control the smoothing method, depth, and an algorithm-dependent parameter.
- The default configuration uses a simple moving average with a depth of 12.
- The implementation relies on a separate smoothing library, and no trading 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.