|
|
|
|
|||||||
| Trading Indicators Post your custom trading indicators. If you download, remember to click INSTALL. |
![]() |
| Bookmarks | |||||||
del.icio.us
|
StumbleUpon
|
Google
|
Digg
|
Facebook
|
Furl
|
Reddit
|
Netscape
|
|
|
LinkBack (1) | Release Tools | Display Modes | Language |
Indicator Ergodic is under construction on the basis of indicator TSI and is calculated as follows:
Ergodic (close, r) =TSI (Close, r, 5); TSI (the index true of force) is under construction on the basis of the indicator momentum. Here its formula: TSI(close,r,s)=(100*(EMA( EMA(mtm,r),s))) / (EMA(EMA(|mtm|,r),s)) mtm = close[today]-close[yesterday] EMA - exponential moving average This indicator shows a true trend. For this indicator is following corrected: 1. If the indicator is more than zero also grows the trend ascending means. 2. If the indicator is more than zero also that correction of an ascending trend falls goes. 3. If the indicator is less than zero also that falls a trend descending. 4. If the indicator is less than zero also that correction descending тредна grows goes. |
|||||||||
|
Show Your Support
|
|||||||||
|
|
|||||||||
|
By
Soultrader
on
02-04-2007, 06:03 PM
|
|
Re: Ergodic
Thank you very much for this ImXotep. Could you explain a litttle bit on how this indicator works and what we should be looking for? Thank you
|
|
By
walterw
on
02-05-2007, 07:53 PM
|
|
Re: Ergodic
I was familiar with this indicator some years ago, would love to know in that chart you attached, where would you place your trades..."strategy"... I understand this indicator has some cyclical value too... its a very clean oscilator... cheers Walter.
|
![]() |
LinkBacks (?)
LinkBack to this Thread: http://www.traderslaboratory.com/forums/f46/ergodic-1161.html
|
|||
| Posted By | For | Type | Date |
| Traders Laboratory | This thread | Refback | 02-04-2007 07:46 PM |
| Currently Active Users Viewing This Release: 1 (0 members and 1 guests) | |
| Release Tools | |
| Display Modes | |
|
|