NOISE REDUCTION BASICS
Useless data, noise, is a common enemy in many areas of physics, math, and chemistry. Noise reduction is removing smaller anomalies from a graph so you can observe the bigger picture better.
I won’t get too much in detail here because this is heavy math for a very simple effect. As a trader, you don’t really need to know the math behind it to use it in your favor, as long as you know how it affects your chart you’re good. But if you really want to understand what I did…well I warned you: Gauss’ Method, Normalization, Quantile Normalization, Laguerre Polynomial, Conditional Distribution, Noise Reduction Basics. It’s just like a calculator, you don’t need to know how to make one to use it.
This is how Spectro looks like without any normalization technique.
Now observe what happens to the graph after we apply the noise reduction.
Now it comes integrated by default. You don’t have to worry about this 🙂