Hyperbolic

The indicator is stable on noise fluctuations in price and quickly reacts to the trend. It is based on an algorithm from a system of hyperbolic functions that allows you to aggressively smooth the flat with minimal lag on the trend. It can be applied directly to the price chart, to itself, or to other indicators in order to eliminate false signals.

The main purpose of the indicator is to smooth out small sawtooth price movements as much as possible. The higher the Hyperbolic parameter, the stronger the smoothing. But the algorithm has fast convergence, and sometimes the best choice is to build several indicators from each other.

Recommendations

• Use the indicator to smooth out small price movements to highlight the flat and trend (screenshot 1).
• Take advantage of aggressive hyperbolic smoothing over other indicators (screenshot 2).
• To smooth out greater volatility, use the construction of multiple indicators relative to each other (screenshot 3).
• Use the indicator to smooth out and eliminate false signals from other indicators (screenshot 4).
• Building other indicators from the Hyperbolic line can also be useful for eliminating false signals (screenshot 5).
• To avoid over-optimization of Expert Advisors, select trading instruments where Hyperbolic works well without auxiliary indicators (screenshot 6).

Input parameters