MA_SquizeMA_Ed indicator - moving averages with flat filtering
Many modern trend filters lack completeness - they either show the activity of the movement, or its direction. MA_SquizeMA_Ed indicator can do both.
In this article the experts of ForTrader.org magazine offer you to get acquainted with a rather old, but interesting indicator, which simultaneously shows a trend movement and Flat.
The MA_SquizeMA_Ed indicator is based on the universally recognized moving averages. Everyone knows how to work with them, and they are part of more than half of the trading strategies on technical analysis. However, the main disadvantage of two MAs is always a flat movement, which they cannot indicate. Hence a lot of false signals have occurred.
The indicator MA_SquizeMA_Ed, in addition to traditional moving averages with different periods, has two new lines that indicate the beginning of a sideways channel and its dynamic width. Installing this indicator on the chart, it becomes clear at what moment it is impossible to enter the trade on the signal of the crossing - when the price is accompanied by 4 lines at once, and therefore the number of false transactions should significantly decrease.
It should also be noted that the indicator MA_SquizeMA_Ed There are a lot of parameters of work, so ForTrader.org magazine recommends selecting them separately for your instrument and timeframe.
