Forex Wiki Trading > Free Forex Indicators > LazyTMA trading

LazyTMA trading

  • June 12, 2019
  • Posted by: Forex Wiki Team
  • Category: Free Forex Indicators
3 Comments 2109 1940

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Very good!
Only for extra of your exams you may also strive the indicator I posted earlier.
- (for Lengthy) Shut below LowerBand1
- Histogram adjustments coloration from darkish crimson to gentle crimsonLazyTMA trading 1

- Entry above the excessive of the earlier bar
- Trailingstop on Decrease-Band1 or Band2
Connected Picture (click on to enlarge)
Click to Enlarge Name: GER30M1.png Size: 40 KB

This "smLazyTMA Bands" is a TMA model during which as an alternative of ATR the usual deviation is used.
The multipliers are the mathematical 1,2,3,4 sequences.

The indicator "smSmallWick AvgSlopeLog" is:
logarithm of the slope of the transferring common.

Transferring common: SMA, 3, shift 1, on typical value (pivot).

Necessary is that the change of the histograms colours present a change of the second by-product of the slope.
The filter issue is the treshold on the sorted values of the slope values.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
3 Comments