divergence software, inc.
Development & Consulting Services
Product Detail
Signal-To-Noise Ratio
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This script will calculate the Ehlers signal-to-noise ratio of the price series on a bar-by-bar basis. According to Mr. Ehlers, you want the signal amplitude to be at least twice the noise amplitude (which is a 6dB signal-to-noise ratio). A cutoff line is drawn at the 6 dB level. Source code is provided so the calculations can be modified and integrated into other studies.
Specifications
- Product ID: EHL01
- Requires eSignal 12.x or newer