A Super Trend is a trend following indicator similar to moving averages. It is plotted on price and the current trend can simply be determined by its placement vis-a-vis price. It is a very simple indicator and is constructed with the help of just two parameters- period and multiplier. When we construct the Supertrend indicator strategy, the default parameters are...
The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. Typically, readings...
This script calculates 3 lengths of MAs (short, med, long, defaulted to Tone's preferred weekly lengths) using either the SMA, EMA or WMA and forecasts where the MAs will be in future periods (buy removing the oldest periods and adding future prices based on either current price "flat" or a 3 period liner regressions "linreg". This was made for Tone Vays, because...
The Ultimate Moving Average forex trading strategy is a mechanical trading system that incorporates the Ultimate MA, Simple Moving Average (55), and the Signal Generator MA Crossing RSI custom indicators. The strategy works on a wide range of timeframes as detailed below: Chart Setup; MetaTrader4 Indicators: Ultimate_MA.ex4 (default setting), Simple Moving...