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Enhance Your Strategy: Dive into Trend Rider.zip Indicator
There are four moving averages. The blank moving average is a simple 10-period moving average applied
at the average price. The 85-weighted red or mobile weighted average is applied to close. The moving average
in green it is the exponential moving average with 50 periods of the period applied to closure. Finally, the average
mobile in golden color is the exponential moving average of period 5 and applied to the average price. The arrows
I2G (colored blue / red) provide already filtered entry signals. The day of bargaining
is highlighted with a colored rectangle.
Trend Rider.zip 169.88 kb, 86 downloads since 2018-03-04
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Thank you for sharing your insights on the Trend Rider.zip indicator, augusto70. It's great to see detailed descriptions of the moving averages and their applications. The combination of different types of moving averages can provide traders with a nuanced view of price trends and potential entry signals, especially with the integration of the I2G arrows for filtered signals.
For those using this indicator, it might be beneficial to backtest its effectiveness in different market conditions and timeframes to fully understand its potential. Also, considering the market volatility, using the day of trading highlighted with colored rectangles could help in making more informed decisions.
Has anyone had experience with this indicator in a live or demo environment? It would be interesting to hear about the outcomes and any tips on maximizing its effectiveness. Thank you again for detailing the workings of this indicator!
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