Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1840
Forum: 17 · Topic 1840 · 9 post(s)
Alexander.Gettinger · Tue Aug 17, 2010 3:52 am
Note!!! Please find a new version of the indicator here: viewtopic.php?f=17&t=2525.

The indicator was revised and updated
virgilio · Mon Aug 23, 2010 12:20 pm
Hello, im new to this board and although i trade frequently Im not a programmer. What is the exact calculation for the Sadukey indicator? What does it measure exactly? Thank you so much for your reply?
Nikolay.Gekht · Mon Aug 23, 2010 5:33 pm
This indicator is a kind of digital filter applied on the prices. It works like, for example, LF/HF filters in the sound processing. In terms of prices it highlights a kind of “carrier wave”. In other words this is an attempt to analyze the market as a system of harmonics (you know, all these Fourier transforms and so on).
From the point of view of the result it’s an indicator which shows the trend direction (like a pair of short and long moving average), but with very small latency. As you can see on the snapshot - it detects the trend change in 1-4 bars range. However, it’s still vulnerable to the market stagnations, so, it would be great to use it together with other indicators.

virgilio · Tue Aug 24, 2010 7:28 am
Thank you so much for your reply. I understand the indicator much better now! In terms of calculating the indicator though, what is the formula? Thanks again.
jefftrader · Tue Aug 24, 2010 8:16 am
You don’t even want to know!
just take a look at the lua file. the math is crazy (as is the math in most digital filters).
jefftrader
forexgill · Wed Oct 20, 2010 8:05 am
Is it possible to create a buy/sell signal for this indicator?
Thank you
Apprentice · Wed Oct 20, 2010 9:58 am
Added to Development cue.
Apprentice · Wed Oct 20, 2010 1:08 pm
Requested can be found here. viewtopic.php?f=29&t=2460
Apprentice · Mon Jan 30, 2017 7:07 am
Indicator was revised and updated.