(13) Twists Swing/Day VS-478

15 thg 12, 2019TWISTS adds a simple, but very effective twist to utilizing a multiple moving average crossover systems, enabling the effective and profitable trading of any stock, crypto or commodity.   This enables trend, swing and day traders to dramatically improve their results over a similar, short-term simple, smoothed, exponential or weighted moving average crossover system.
Four distinct Laguerre filters are applied to the price, one fast, one medium one long and one very long.  The default Laguerre settings are: Short = 0; Medium = 0.33, Long = 0.55 XLong = 0.77.  The correlation between the length of time and the Laguerre output is adjustable in the format > inputs pane for this indicator and are referred to as gamma.  The first three lengths produce two major bands or ribbons.  During up trends the top band is filled with green and during down trends this top band will be filled with red. Obviously these bands or ribbons are twisting or flipping positions when the direction of the price trends change.  Trading indicator dots are produced during both phases. Green dots for uptrends and red dots during down trends.  During consolidation phases it is possible that there will be no dots produced because of the rule set applied to these Entry/hold and Exit/short indicator dots.

TWISTS is a triple moving average trading system using an advanced smoothing filter developed by John Ehlers.  You can read about this dramatic advancement in moving averages in the following article: Time Warp -- Without Space Travel. You can find the link to this article on our site.

Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.