Moving Average Trend Filter

Moving Average Trend Filter

Very simple representation of a trend, this one cumulate the candlesticks closes above and under a defined period of a simple moving average. Simple but yet effective to avoid classical whipsaw, i believe this indicator could help any trend followers in trading decision. Any comments are welcome ! 

 

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  1. Yantra • 10/19/2015 #

    “i believe this indicator could help any trend followers in trading decision. ” I’m wondering how?

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