I use DEMA and Price difference in many strategies and and trade.
Finally , ı wanted to build an indicator for relation between them.
It calculates the percentage of difference between price and dema and estimates deviation from the main trend.
Formula = (price-dema)/price*100
There is some parameters;
DEMA Length is length of dema , ı think...
This indicator drops to EMA on your chart. by default it's using different number of bars to calculate the short and long range indicators per time frame. This system is wildly used by professionals to avoid false reading on market's trend and better make decisions. Remember, the crossing of these two indicators should not be used for getting a signal. Instead,...
The TRIMA is simply the SMA of the SMA -- a double-smoothed simple moving average . The end effect of the double smoothing is that greater weight is placed on values near the middle of the lookback period. It therefore reacts relatively slowly to price changes compared to most moving averages .
But why would I want more lag?
One potential use of this moving...
The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself.
Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak.
Just play with fastest and slowest SC to adjust the smoothness.
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. (hoping in...
Double Stochastic is use 2 Stochastic for monitoring price swing.
Slow Stochastic (21,3,3) for monitoring the swing of price cycle.
Fast Stochastic (5,1,1) for monitoring the swing in price ripple.
When 2 Stochastic run way from each other, separately , mean Price will move only retrace or rebound in ripple movement.
When 2 Stochastic Flip and Run break thru...
Double Stochastic is use Slow Stochastic (21,3,3) and Fast Stochastic (5,1,1) to monitor price movement.
Slow Stochastic use for monitor cycle of price.
Fast Stochastic use for monitor price swing and divergence.
Both Stochastic turn together mean price will reverse for real.
Fast Stochastic turn away from Slow Stochastic mean price only minor...