This script is a simplified version of John Ehlers's adaption of Dr. Kalman's optimum estimator as applied to price action (More can be found on this here: www.dimensionetrading.com). Here I have adapted two of these optimum estimators to work together to provide crossover signals. The user can choose the input of this filter in the 'input source'. The 'Ratio of...
Don't let it's simplicity fool you, this Point n Click Easy Indicator will have you in trades early, and out of trades in profit. A scalper's dream come true.
These signals are so powerful that they might even start a new trend. Their characteristic are as follows:- 1) Effect is almost immediate 2) Seldom occur 3) So powerful that the repainted signal has effect on the market 4) Often cancel out effect of RSI crossing 30 and 70 5) Frequently bend MACD and signal lines They are one of those culprits responsible for...