We use the Hodrick-Prescott filter applied to the closing price, and then take the outputted trendline and apply a custom vwap, the time frame of which is based on user input, not the default 1 day vwap . Then we go long if the value 2 bars ago is greater then one bar ago. We sell and color the bars and lines when the if the value of 2 bars ago is less than one bar ago.
Also included: GUI for backtesting ATR Based Stop Loss
How to use: Go long when the indicators suggest it, and use the stop losses to reduce risk.
Best if paired with a volatility measurement (inside candles, average true range , bollingerband%B)
It looks very good. Could you please explain what LAMBDA means?