Strategy for the NNFX Baseline Script - Moving Averages
Does not enter when price is > 1 ATR away.
Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method.
Includes:
- ATR bands and labels
- Price is > 1 ATR away from baseline indication
Available MAs
"ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"
Introduction
Today i propose an hybrid filter that use a classical FIR architecture while using recursion. The proposed method aim to reduce the lag generated by fir filters. This particular filter is a sine weighted moving average, but you can change it since the indicator is built with the custom filter template (1). Even if it use recursion it still is a FIR...
Quick Guide
- Yellow cross and green MA on top = Potential uptrend
- Yellow cross and red MA on top = Potential downtrend
A simple golden cross indicator of the green 50 and red 200 SMA with a yellow cross for ease of visibility and backtesting.
Generally, longer time frames more powerful signals but are less frequent. I typically use it on the 4 hour,...
