Indicator is a simplified version of the indicator TiModel Predict. 

The indicator does not redraw the history and meaning of the redraw on the zero bar. 

Through the application of the methods of normalizing indicator works in all markets and instruments.

 

Principle of operation 

  On the basis of quotations generated models with different dynamic characteristics. On the chart, they are shown as broken lines. The dynamics of these models can be changed by specifying a different value of the threshold settings. Construction of several trends (lines) done to improve the effectiveness of your trading decisions. As the market is constantly changing, then eventually some models begin to work less, and some - better. Therefore, the trader selects the most appropriate model for a given situation and analyzes.

 

Analysis 

  Selected model. When a new beam trader should analyze several previous points of fracture and decide on the future direction of the beam. Also in the analysis can include the remaining two models (group analysis), and multi-currency (to analyze simultaneously on several instruments).

I want to note one important point: any indicator, if it is not analyzing section, does not give any prediction, but only reflects the current state of the market. Forecast makes the trader using the indicator chart, and relying on their experience. 

The main meaning of this indicator - position trader in the market, to give support to analyze and make a trade decision. Filter indicator dates prices and reduces the problem of forecasting to clear and understandable manner - predicting the next beam (future market trends).

 

The main parameters

• LengthSample, bars - the length of the historical data (sampling) in bars. 

• Threshold, pips - dynamics of the model (the threshold) in points. 

• Recommended Threshold, pips - the recommended threshold in points. This option is dynamic, it changes and it depends on the instrument and the sample size.

 

Notes 

• The horizontal line carries no information, its rendering is done for convenience, so as not to lose sight of the last point of fracture. 

• Indicator exports file "TiModel.csv" with the last three points of the fracture of all models. 

• For intraday trading optimum length 500-1500 bars. 

• The size of the threshold affects the number of inflection points. The smaller the threshold, the more light will draw lines and vice versa.