This indicator is rather informative in nature. His work is based on the assumption that the price movement in the market can be
represent it as a noise of a particular color, which depends on the parameters of the distribution of price values. Thanks to
this allows you to analyze the price change from different sides, and considering the price movement as a noise of a particular color, you can
get information about the current state of the market and make a forecast about the price behavior.

When analyzing the indicator readings, the position of the indicator lines is taken into account – they are above or below the opening price of the current one
the bar and how far away from it.

White Noise-this approach is characterized by the fact that prices (both current and in the past) are considered equal in terms of
its strength, which combines it with a simple moving average. The white noise signal is more of a confirmation signal than a confirmation signal.
the more it deviates from the current price, the stronger the trend movement in the market. And, conversely, if the white noise line
If it is located near the opening price, then this is evidence of either the end of the trend or a sideways movement of the price.

Flicker Noise (Flicker Noise) outlines the upper or lower boundary of the trend (depending on whether its line passes above or below the price).
Also, the intersection of the line of this noise and the price of the currency pair can serve as evidence of the beginning of a new trend, even if
short-term.

Brownian noise (Brown Noise) in its behavior is very similar to exponential smoothing. Thanks to this line of this noise
it follows the price, and large deviations are possible only with some sharp and unexpected changes in the market.

Blue Noise shows how strong the trends acting against the current trend are. With a large deviation
The blue noise line from the current price indicates that the trend has exhausted its strength and is close to completion.

Purple Noise indicates how strong periodic or cyclical price movements are. Line crossing
purple noise and the price chart can indicate a change in the market behavior – the end of one trend and the beginning of a new one.
At the same time, it should be remembered that the new trend may remain the same as the previous one.

The only serious drawback of this indicator is that it processes information based on the assumption of
the steady movement of the price (and this assumption is not true, as we will see later), because of what it is
it can only be used for short periods of time.