Description
The Swami Intraday Impulse study is a technical indicator designed for Thermo Mode; it is used for early notification of intraday price movements. Like in all Thermo Mode specific studies, shorter lookback periods reflect recent changes, middle range periods are used for confirmation, and the longest ones signify possibility of continuation.
In default color scheme, transitions from green to red indicate bearish condition and transitions from red to green imply the bullish sentiment. Swami Intraday Impulse is based on digital signal processing techniques, namely, on functions that output waveform in response to a sharp input excitation. In Swami Intraday Impulse, these functions use extremely short-term price fluctuations as an argument.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used in calculations. |
Plots
| Plot | Description |
|---|---|
Aurora
|
The Swami Intraday Impulse plot used in Thermo Mode. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.