VIDYA Pro is the enhanced version of the classic VIDYA (Variable Index Dynamic Average). With significant improvements, VIDYA Pro offers enhanced plot performance and visual enhancements for your Trend Identification.

Let’s quickly go through why VIDYA Pro is for you:

Plus, these are the enhanced features you’ll receive:

• You’ll receive significant visual improvement:

• You can enable the “Smooth” parameter to reduce noise from the plot:

• You can set the threshold for valid plot movements:

VIDYA Pro‘s mechanism to generate signals in a 5-tick threshold example:

• If the plot's value changes by less than 5 ticks, the plot remains flat, and the trend stays unchanged.
• When the plot's value increases by more than 5 ticks, the plot moves upward, signaling an Uptrend.
• Conversely, if the plot's value decreases by more than 5 ticks, the plot moves downward, indicating a Downtrend.
Here’s how noisy signals are significantly reduced thanks to the "Filter: Multiplier" parameter (at a 5-tick threshold):

With Filter	Without Filter

It’s time to step away from the norm and embrace this optimized version.VIDYA Pro is your compass in trend identification - Picture yourself in control, with the power to set conditions that filter out the noise and spotlight the true essence of market movements.

Go ahead and download now for instant access.

Alerts:

• Popup alert

• Sound alert (configurable rearm)

• Email alert (possibly configured as SMS alert)

• Message displayed in Alerts Log window

NinjaScript readiness:

• Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io

• Can be used in Market Analyzer

• Can be used in BloodHound

• Can be used in 3rd-party indicators, strategies, products

• Professional & clean signature for easy calling

Media

 

Software Changelog

• Sep 10 2023 - The indicator was released (built new).