Indicator Has 3 Separate Filters that Create Green(Bullish) or Red(Bearish) BackGround Highlights
If Price is Above or Below a certain LookBack Period - Tim Defaults to 63 on Daily Chart to Quickly View if Price is Above or Below it’s Price 1 Quarter Ago.
A Simple Moving Average Filter - Tim Defaults to 50 SMA and 200 SMA also known as the “Golden Cross”.
A Exponential Moving Average Filter - For Those Who Want To View Shorter Term Market Swings. Defaults to 50 EMA and 100 EMA used By Chuck Hughes, 7 Time World Trading Champion. Chuck Claims the 50/100 EMA's Show the Earliest Change in Market Direction the Equal - Sustainable Moves
Inputs Tab has Checkboxes to Turn On/Off any of the 3 Filters Above.
I like this filter background with the ema´s it´s good. I use T3· mva´s more so since they are smoother. If possible could you code a Tim West T3 MVA Long Short Filter. Here´s a screen shot for the time frames that I use with the T3s·. The bottom filter I use emas for the long term trend. I got this idea from a gentleman called David Katz. I don´t know him but it makes sense to me. Keeps me focusing on the trend at hand. DK uses heikien ashi bars, but for some reason I need to see the actual candle. I guess everyone is a little diffferent. TY for posting the vix-fix! It´s in my tool box. On the daily chrat when the spx paints back to grey, like magic the market is getting ready to squeeze the shorts. Have a good one! David Hall
I like this filter background with the ema´s it´s good. I use T3· mva´s more so since they are smoother. If possible could you code a Tim West T3 MVA Long Short Filter. Here´s a screen shot for the time frames that I use with the T3s·. The bottom filter I use emas for the long term trend. I got this idea from a gentleman called David Katz. I don´t know him but it makes sense to me. Keeps me focusing on the trend at hand. DK uses heikien ashi bars, but for some reason I need to see the actual candle. I guess everyone is a little diffferent. TY for posting the vix-fix! It´s in my tool box. On the daily chrat when the spx paints back to grey, like magic the market is getting ready to squeeze the shorts.