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predictive_moving_average

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Description:
Originated by John F. Ehlers, could be found within (Rocket Science for Traders, pg. 212). Aim to provide a leading indicator (I assumed for the shorter time period), which smoothed the price with no lag. The indicator derives from 2 lines crossing i.e. a weighted moving average, of higher length as a predictor and shorter length as a trigger.

Predictive Moving Average:
predict = 2*wma1 - wma2
trigger = (4*predict+3*predict[1]+2*predict[2]+predict)/10

Feature:
  • Predictive moving average
  • Deviation band


Notes
  • Consider the support/resistance (dynamic) when entering the position
  • Some short direction change might be identified from deviation shrink
  • Green indicates to enter/long, while red indicates to close/short position
    Notes de version

    Predictive Moving Average:
    predict = 2*wma1 - wma2
    trigger = (4*predict+3*predict[1]+2*predict[2]+predict)/10
    Notes de version
    .
    Notes de version
    .
    Notes de version
    changed to overlay, with a slight adjustment in the color condition
    Notes de version
    update on additional options of band/envelope and bar-color

    example:
    snapshot
    Notes de version
    update on close alert

    Clause de non-responsabilité

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