Moving Trend


Based on William Rafter's article in 01/2003 issue of S&C magazine.

This indicator belongs to the family of Zero Lag moving averages.
It employs linear regression to detect trend changes;
you will find this indicator fast and responsive,
and is applicable in most popular trading time frames.

An optional band is included. You can set it to invisible if you do not wish to see it.

I would like to hear how you utilize this indicator in your analysis.





p.s. you might also be interested in this Zero Lag indicator:
Fisher Transform
http://www.traderslaboratory.com/for...form-6329.html


note:
This EasyLanguage indicator was written in MultiCharts.
I have not tested it in tradestation or other compatible programs.
Please refer to your users manual for importation instructions.

Translation to other platform is invited.

[Tams]

an example I posted in another thread

http://www.traderslaboratory.com/for...html#post73312



89.33

[HAL9000]

Hi Tams,

mine is without changing colors, but with bands ...




Hal

[liontiger100]

Can anyone turn this into a tradestation indicator in ela or eld format?

[Tams]

Originally Posted by liontiger100 »

Can anyone turn this into a tradestation indicator in ela or eld format?

download the txt file from above.
read your users manual for importation instructions, then press F3.

[oddball]

Anyone have an eld for TS? Thanks