Dynamic Average Ext
- 指标
- Vitaly Dodonov
- 版本: 1.0
- 激活: 10
You've probably noticed how unpredictable price movements can be. Sometimes the price moves in a certain direction with almost no corrections. Trend strategies work well during such periods. However, as soon as the directional movement is completed, the trading strategy ceases to be effective. Price movements become abrupt and "chaotic". The price abruptly changes its direction. Trend strategies start to give out a lot of false signals, and this leads to a large number of unprofitable trades.
At such times, there is a desire to find a new trading strategy. Therefore, the idea arose to replace the price chart with an indicator. This indicator should have a small delay and good filtering of price noise. This is how the Dynamic Average Ext indicator appeared.
What is the feature of the indicator?
Thus, the Dynamic Average Ext indicator includes two components:
1) Filtration component
2) Smoothing component
A special filter filters out price noise. After that, additional smoothing of the calculated results is carried out. Therefore, the Dynamic Average Ext indicator can be used as an alternative to the price chart or as a moving average.
Input parameters
- Calculation Period is the number of bars involved in calculating the current value of the indicator
- Shift - Offset of the indicator relative to the price chart by the specified number of bars
- Type of smoothing is a method of smoothing the price values of a chart