Risk Disclosure

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View full risk disclosure.

Signal Extender Node


Extending a signal forward into future bars is useful when there are multiple sets of conditions that happen at different times. IE. A crossover happens first. The pullback happens several bars later, and a support line bounce several bars after that. The crossover condition needs to be extended forward enough bars to allow for the pullback to occur. Then those two conditions need to be extend further to allow the support line bounce to occur. The Signal Extender is a way to link them together in a manner of speaking.

Parameters

This section is common to all solvers.  A description can be found here.
This section is common to all solvers.  A description can be found here.

Options

This parameter determines what the minimum input Confidence value must be to be considered a Signal.

Reset

See the Reset table here.

The number of bars at which the node will reset or stop extending signals, unless a Reset On parameter resets the node sooner.

 

Output

None
The Output value will equal 1 the entire length a signal is being extended.

Linear
The Output value will decay in a linear form.  The output will be reduced every bar by the following amount 1/(Reset After value).  IE. If Reset After = 10, the first bar will equal 1, second bar will equal 0.9, third bar will equal 0.7, and so on.

Exponential
The Output value will decay using an exponential curve.

Logarithmic
The Output value will decay using an logarithmic curve.

Overwrite
The Output will match the formula selected in Decay Type.

Add
The Input value will be added to the Decay Type value to formulate the Output value per bar.

Merge
The Input value and Decay Type value are averaged together to formulate the Output value per bar.