Thanks like it a lot so fatr, looks good on 1 hour, with my one setting like and in conjunction with some other lines I have, nice, more than appreciated..... Thanks kindly....
Delman
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See 1 march at 10:00 it's above line, might buy, mistake, so needs to be altered in settings to best fit the stock you trading, or investing in and in conjunction with a volume weighted moving average LRC line and bollinger bands and so on, gives you real heads up on the 1 hour when to roughly buy..
Delman
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@Delman, By the way, also, like LRC line, waiting for the line itself to change, so if pointing down still, more likely a no no anyway, once curves around and back up, ok, might be in later than the big boys, but as can often see after that, goes a lot higher then... So yeah, cool... :).
Acel
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@Delman, I dont think its meant to be a trend following filter. Its more like "return to the mean", something like the BB basis. You should use it along with another filter that can identify the trend, so this could work as a pullback/overextended info on the main trend.
Maybe its best use is on some kind of oscillator since its best on filtering random spikes aka impulsive moves.