SNR

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(Signal-to-noise ratio)

Category: MESA8

 

Input parameters

Name

Setting

Default

Optimization range

Tune

Number>0

1

0.25-2

Delta

Number>0

0.2

0.05-0.5

Price

Input time series

Close

 

High

High time series

High

 

Low

Low time series

Low

 

 

Description

The Signal to Noise Ratio indicator displays the dominant cycle amplitude (signal) relative to the average range of the price bar (noise).  The SNR indicator is calibrated in decibels.  A signal to noise ratio less than 6 dB indicates that it is advisable not to trade oscillators during this period.  The Tune parameter adjusts the dominant cycle period relative to its measured value.  The Delta parameter is the bandwidth of  a bandpass filter in terms of +/- percent of the center period.  A smaller number gives a narrower bandwidth to eliminate extraneous cycle components and a larger number give a wider bandwidth to improve responsiveness to transients.