"There's no certitude, only opportunities." V
MOGALEF Trend Filter.
Mogalef trend filter is the bull's and bears's strength. It's very efficient to automatically see the trend.
Mogalef trend filter is the bull's and bears's strength. It's very efficient to automatically see the trend.
MOGALEF TREND FILTER
The ultimate Trend Filter for Trading
This indicator requires a regulation from two to three parameters of length (R2 and R3, possibly R1). It has to correspond to the trends and ranges.
Valors 1 and 2 are for the downtrends,
3,4,5,6 for ranges according to respectively the uptrends and the downtrends,
7 and 8 for the uptrend.
The selection can then be automatic. We can see pertinence of a strategy onto uptrends for example, then automatically trade only these uptrends.
This indicator is very reactive and very stable. Its use constitutes a major step forward for the automatic trading.
