The King of Camarilla Pivots
An air of mystery surrounds the Camarilla Pivots. However, the method for applying this trading approach is quite simple. To learn more about the Camarilla Pivots, a.k.a. Camarilla Points, watch the video or continue reading below: First, why is there an air mystery surrounding the Camarilla Pivots? A likely culprit is the meaning behind the…
Coral Trend Slope vs. Volatility Channel
The Coral Filter is a linear combination of moving averages, all obtained by a triple or higher order of exponential smoothing. To learn more about the Coral Filter, a.k.a. Coral Trend indicator, watch the video or continue reading below: As the name implies, it is a tool to determine trend bias, filtering out setups that…
TDI Indicator REVISITED – with Bloodhound Tutorial
In this Indicator Spotlight, we’re looking at the Traders Dynamic Index (TDI), an indicator that combines the RSI in three (3) timeframes…
The ADXVMA Indicator and Adaptive Moving Averages
The ADXVMA indicator is an adaptive moving average and automatically responds to price volatility. Specifically, it follows price closely during trending markets whereas it is less sensitive during sideways action. To learn more about the ADXVMA indicator and adaptive moving averages, watch the video or continue reading below: Moving Averages vs. Adaptive Moving Averages Originally,…
SuperTrend: A Versatile Stop Loss
The SuperTrend indicator is an enhancement of the Maximum Adverse Excursion (MAE) concept, as introduced by John Sweeney in the mid-nineties. It is most commonly applied as a trailing stop indicator, adjusting to both prices and volatility. When volatility is high, the trailing stop is further away from prices. Conversely, when volatility is low, the…
The Quantitative Qualitative Estimation Indicator
The Quantitative Qualitative Estimation ( QQE ) indicator is an offspring from Wilder’s famous Relative Strength Index ( RSI ). The base plot is an RSI smoothed over 5 periods supplemented by a signal line. The signal line is composed of a moving Average True Range (ATR). By smoothing the QQE and signal lines, the…
The Arnaud Legoux Moving Average: Information Value vs. Information Confidence
In this Spotlight we’re looking at the Arnaud Legoux Moving Average (ALMA) which was developed as an alternative to conventional moving averages. Specifically, Legoux sought to create a smooth moving average without compromising responsiveness. To learn more, check out the video or continue reading below. The ALMA indicator is a linear filter whose coefficients are…
Improving Fast Stochastic Setups
The Fast Stochastic is a momentum indicator developed by George Lane. On momentum, Lane is quoted as saying: “If you visualize a rocket going up in the air – before it can turn down, it must slow down. Momentum always changes direction before price.“ Therefore, stochastic setups are used in situations where a momentum fall-off may…
Trigger Lines : Cross vs. Thrust
In this Indicator Spotlight, we’re looking at the Trigger Lines indicator which can be used as a trend filter. The Fast Trigger is a LinReg Indicator, similar to the standard NinjaTrader version. The signal line is calculated by applying an EMA to the linear regression indicator. Therefore, an identical plot can be achieved by simply…
Chande Kroll Stop vs Chandelier Exit
The Chande Kroll Stop was presented by Tushar Chande and Stanely Kroll in “The New Technical Trader”. It is a volatility based trailing stop and as most indicators in this category, it will help manage your profits by keeping positions open as long as they move in your favor. In this post we’ll compare the…