The Chauvenet criterion is a well-known criterion of selection and rejection of the data used by the Physics. It establishes that in an experiment is well to discard the data whose distance from the average is greater than a certain number of the delta.
In the stock market if prices move away from the average with a volatility too high are suspect. This principle...
Ignore the other one (it contains some errors).
On this FRAMA you can play with length, SC and FC.
Just read on below links to understand more about this super useful moving average:
etfhq.com
etfhq.com
www.quantshare.com
The usage is very easy. When the line is green you can open long position, when the line is red you can open short position and when it's black just check by yourself.
Usually I use it with RSI and Bollinger Bands , in order to determine when the signal is strong or weak.
Just play with fastest and slowest SC to adjust the smoothness.
Settings:
FRAMA: blue line, SC = 252, FC = 40, length = 252
EMA: orange line, length = 50
FRAMA seems to be the evolution of the current and much-used EMA. The basic strategy is simple: long if the price crosses up the line, short or exit if vice versa.
The main difference between EMA and FRAMA is that the first one seems to lag much more than the first...
GEOMETRIC STANDARD DEVIATION BANDS
Ver.1 By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within...
Using a formula that is generally used for calculating investment over time to check gains on a commodity.
Geometric mean as described here: www.investopedia.com
Using a formula that is generally used for calculating investment over time to check gains on a commodity.
Geometric mean as described here: www.investopedia.com
double hull moving average crossover
hull moving average / volume weighted moving average crossover
Red dot = SELL
Green dot = BUY
or
Longest MA color change to green = BUY
Longest MA color change to red = SELL
by SeaSide420
The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. The Hull Moving Average solves the dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. (hoping in...
Uses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p
(JeanLouisHardy) added option for bar count system, also added a donchian average.
![EURUSD: [RS]Temporal Median Price V1](https://s3.tradingview.com/w/WqnqzXTO_mid.png "[RS]Temporal Median Price V1")
![EURUSD: [RS]Historic Average Standard Price Deviation V0](https://s3.tradingview.com/b/BLZ8sLzP_mid.png "[RS]Historic Average Standard Price Deviation V0")