Ghost Moving Average — Indicator by dhedgie

volatility trendanalysis movingaverage gma ghost

What is the Ghost Moving Average?

GMA is an unique and dynamic moving average that reduces the lag of typical moving averages. It is useful for finding turning points in a trend for trade entries and exits. Additionally, it can serve as a filter for determining an asset's next move.

Trading Rules

1. Long above the GMA (or ladder around it) when the buy signal (green background color) appears.
2. Short below the GMA (or ladder around it) when the sell signal (red background color) appears.
3. Close the position when the take profit signal (yellow background color) appears.
4. Use stop loss of 3% from entry.

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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact dhedgie for more information, or follow the author's instructions below.

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Disclaimer

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