Home > Articles > Volume 38 (2020) > Chapter 12 (December 2020) > Stocks & Commodities V. 38:12 (16–18): Noise Elimination Technology by John F. Ehlers

Stocks & Commodities V. 38:12 (16–18): Noise Elimination Technology by John F. Ehlers

Stocks & Commodities V. 38:12 (16–18): Noise Elimination Technology by John F. Ehlers
Item# V38C12_154EHLE
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Noise Elimination Technology by John F. Ehlers

Reduce indicator noise and clarify the direction of your indicators using Kendall rank correlation, which measures the strength of dependence between two sets of variables. Here’s how you can use it.

The purpose of technical indicators is to provide an insight into the inefficiencies in the market to make better-informed trading decisions. The problem with most indicators is they use only a short amount of data and are, therefore, noisy themselves ...




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