The classic one is described here http://tinyurl.com/2s34qp although I'd recommend also getting the book.
Detrended Price Oscillator (DPO) and Tom Demark Indicator (TD_I) http://tadoc.org/ Good trading to all, Osorico
================ 200 day moving average is pretty smooth; may want to look at a ma that is a bit rougher, [less smooth also]
you did not catch what I mean I wanna find an indicator which can show the extent of the market noise
I know exactly what you're looking for... and the short answer to your question is "no." a few years back I looked long and hard for exactly this type of indicator... it just didn't exist. However... it was that search that lead me to get software where I could invent that indicator myself. It took a while to first master the software (Amibroker), then to create the indicator. In the end, I came up with something very reliable.... the calculations are very extensive.... but it can be done.