What the title says...Just an experiment, have fun with it guys. Thanks to LazyBear who I stole the filter code from.
Comments
PollyBit
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explain the operation please?
IvanLabrie
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you can gauge directional bias and strength of the trend with it.
the middle line represents an average of a lower timeframe, so ideally this will either match the spot where the most volume was traded. way better than a regular moving average. price above will be a good sell and below a cheap buy in general. how you apply this is up to you though.
you can trade extremes and revert to the fair value zone if not trending for example.
nikita5961049
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Hi Ivan, thank you for your work. What is the logic behind nfastend = 0.666 and nslowend = 0.0645? What is considerations behind formula for nsmooth?