New high quality indicators for Superalgos Beta 11

Thomas Huault
2 min readSep 8, 2021

Bring the Heikin-Ashi candles to Superalgos

Heikin data mine brings the so called Heikin-Ashi candles and a Supertrend indicator based on the said candles. Heikin-Ashi candles is a easier to read candlestick chart giving a clear view of the trend. It is calculated using an averaging of previous candle for open value, current candle values for Min, Max and close.

Heikin-Ashi candlesticks

Put a QUASAR in your trading engine !

Quasar data mine is built with the goal to imagine new associations of high end indicators with advanced calculation.

Quasar brings a set of volume indicators (On-balance volume, volume oscillator) and a new way to analyze them and identify trends turning points.

Two indicators exclusively available with Superalgos are also available. The Fastrend indicator uses formulas based on Shanon entropy to establish a trend analyzer and the Holt-Winters indicator uses a damped trend seasonal calculation to predict the price of an asset for current candle and futur candles up to 30 periods. It uses a self optimization algorithm to calculate the best parameters to the Holt-Winters equations and initialization parameters.

Holt-Winters forecast

On the verve of others data mines available with Superalgos, contributing to make the platform one of the best, if not the most advanced trading bot, 2 new powerful indicators, generaly available only on paid versions of trading software, are now live with Quasar data mine.

Elastic volume weighted MACD uses volumes to enhanced the famous MACD indicator to minimize false signals and react faster than the standard MACD. The Even Better Sine Wave is based on the works of John Ehlers who used signal analysis tools to empower trading indicators. EBSW uses a Hilbert transform method to show cycling and trending markets in a very simple way. It provides signals in trending market and support/resistance levels in cycles.

Even Better Sine Wave and Elastic Volume Weighted MACD

Come and join us !

--

--

Thomas Huault

Seasoned project Manager and data scientist with a strong background in physics, I lead the Data Mining initiative of the social trading Platform Superalgos.