Stiffness indicator

Stiffness indicator

Stiffness indicator (by Markos Katsanos)

This indicator was first introduced in my November 2018 article in
Technical Analysis of STOCKS & COMMODITIES.

It basically attempts to recognize strong price trends by counting the number of times
that price was above the 100 day the moving average during the indicator period. The
premise is that the less times that price penetrates the moving average, the stronger
the trend is, suggesting less erratic prices in the future as well. I also introduced
a volatility threshold that excludes minimal penetrations of less than 0.2 standard deviations.

The default moving average is 100 days and the indicator period is 60 days.

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. Maxime Baudin • 09/14/2021 #

    Excellent timing indicator to confirm or deny entries in the market, congratulations Roberto! Very interesting in FX.

  2. aldtrading • 09/14/2021 #

    Thanks for your work. Would you mind explaining briefly how the volatility threshold works, I am having a hard time wrapping my head around that

  3. robertogozzi • 09/14/2021 #

    As the author said “I also introduced a volatility threshold that excludes minimal penetrations of less than 0.2 standard deviations”, lines 10-11 build the 0.2*STD buffer to get rid of minimal penetration, so that if the price is above or below the MA, but still within that 0.2 allowance, it’s not counted.

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