Modifier Nodes

Six nodes that transform any series: Bars Ago, Moving Average, Percentile Rank, Rate of Change, Rolling Min/Max and StdDev/Z-Score.

ReferenceBy AlgoLiftUpdated 1 min read

A modifier takes one series, such as an indicator, price or another modifier, and turns it into a new one. Smooth it, rank it, measure how fast it's changing, look back a few bars. They're small, and they combine well: the percentile rank of Bollinger Band width is the whole idea behind a squeeze filter.

Two notes before you reach for one. Modifiers take series, not the output of a Math or Logic node. And for two common jobs there's now a better node: the Crossover for crosses, and Price History for levels like the 20-bar high.