When the fast > slow the default fill is green, and then red when the fast < slow . The signal adds a 2nd flavor to the ribbon. When the fast > slow , if the signal is beneath the fast , the ribbon fill changes its color to a brighter green. When the fast < slow , if the signal is above the fast , the ribbon fill changes its color to a brighter red. Many times these little "fishhook" pullbacks are buying/shorting opportunities in the dominate trend.
Try settings of 8/21/8 Fast/Slow/Signal, with the "Zero-Lag Signal" check box checked. Zero-Lag is a simple algorithm that tries to remove as much lag as possible from an . An 8 will run "slower" than an 8 Zero-Lag .
Additionally, 2 simple alerts are available for whenever the fast crosses above the slow , and the opposite.
- Added new moving average types: Simple, Weighted, Volume-Weighted
- Fixed VWMA Bug.
- Added Hull MA.