XPercentR-PCR: A Smoothed Oscillator Shown as a Trend Cloud

Summary

XPercentR-PCR is presented as a simple oscillator displayed as a colored cloud, with cloud color indicating trend direction. Its listed settings include a lookback period, smoothing method and depth, a phase parameter, and upper and lower levels intended to mark overbought and oversold conditions. The description explains that the indicator can use ten averaging approaches, including simple, exponential, weighted, adaptive, and multiple-exponential methods.

The phase setting has algorithm-specific meanings: for example, it controls the phase for JMA, a smoothing ratio for T3, and a momentum period for VIDYA. For AMA, the fast period and exponent are fixed while the phase-related setting represents the slow EMA period. The document explains configuration and implementation dependencies, but gives no formula for the oscillator, trading rules, performance evidence, or guidance on interpreting its signals beyond trend color and threshold levels. It is therefore an indicator reference, not a tested strategy.

Key ideas

• The indicator renders an oscillator as a colored cloud that signals trend direction.\nIts parameters include a period, smoothing choices, and upper and lower threshold levels.\nTen averaging methods are available, and the phase input means different things for different methods.\nThe document describes configuration but provides no trading rules or performance evidence.

Tags

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