Technical analysis is a field in which there is always an ambition to smooth signals for instance stock price data to reduce their noise. This smoothing is performed with a moving average. A simple 10-day moving average of closing prices is the mean of the previous 10 days closing prices. Without smoothing indicators raise more erroneous signals because of noise in the stock … [Read more...]
Optimal Trader Adaptive Moving Average : The Concept
The Optimal Trader usually uses an in-house developed adaptive moving average filter for most indicators. Optimal Trader Adaptive Mean Average filter, reacts fast on major price changes and smoothes noise efficiently in stock data. The results have been signals in many models and fewer signals with some errors, when the trend is uncertain. Trading signals are raised on a … [Read more...]
Application and Charts of Market Facilitation Index
The Parameter to calculate MFI High The high price of the security for each given day. Low The low price of the security for each given day. Volume The number of shares of the security that were traded during each given day. Note that while this function is intended for use with these specific values, any values can be used for these parameters, … [Read more...]
Market Facilitation Index – The Concept
The Market Facilitation Index, was developed by Dr. Bill Williams to reproduce volume and price characteristics in order to make the trade more accurate. 1 point price changing can be shown by BW MFI (Bill Williams Market Facilitation Index). You shouldn't care about absolute indicator values, whether its changes are important. Bill Williams singles out following processes of … [Read more...]
Application and Charts of Mass Index
The Mass Index calculates various values, even the exponential averages of the ranges, using a number of bars. After that it works out the indexes and traces the results. Mass Index shows the direction in trending markets and forecasts possible direction changes of forex market. The Mass Index line rising over the setup line and getting lower than the trigger line afterwards … [Read more...]