Indicator – Stonehill Forex

Laguerre Filter as a Baseline Indicator

Trend identifying indicator used as a baseline for NNFX trading system. Utilizes Laguerre filter to smooth signal line.

Revisit Every so often we find an indicator that seems familiar, but not. We did profile an indicator about two years ago called “Laguerre” which was a below chart midline cross confirmation indicator. What piqued our interest was the similarity in the components, but this one is a baseline and has some internal differences. Maybe? ... Read more

Ergodic TVI Indicator as a Confirmation Indicator

by Stonehill Forex

Ergodic Tick Volume from William Blau used as a confirmation indicator to determine trend from which is stronger, bulls or bears. Can be used as a two lines cross or as a zero cross.

Somewhere in History We’re going to drop back into history just a bit, but it’s totally fine. Not everything has to be the latest cutting edge coding. In fact, we find that some new indicators have inherent issues such as sloppy coding, repainting, inaccurate signals, and so forth…and we should all exercise some caution. What ... Read more

Reflex as a Confirmation Indicator

by Stonehill Forex

Trend tool from John Elders using a below chart color change to find long and short trends.

The Reflex We all react to stimuli and this comes in various forms. The doctor taking a small ball peen hammer to your knee, a startled reaction to a sudden loud noise, a fit of sneezing to an allergen, and so on. Coincidentally, we also react in trading. Probably more than we should. What if ... Read more

Disparity Index as a Confirmation Indicator

by Stonehill Forex

Zero cross indicator from Steve Nison based on candle and price disparities. Used as a trend indicator.

Don’t Despair Finding indicators can be a challenge. However, it’s one we all should be rising up to. After all, without indicators, determining trends would be quite difficult indeed. With each subsequent year, we’re “gifted” with more indicators; some great, some good, some mediocre, and some which should never have been published. Not Without Discrepancy ... Read more

Cross Roads as a Confirmation Indicator

by Stonehill Forex

In-house created confirmation indicator using two signal lines to determine bull and bear trends via crossover signal.

Be sure to see the “NEWS FLASH” at the end of the blog… Do the Thing One of the nicer things in trading is finding indicators that do what they’re supposed to do. In this case, we decided to put one together based on other interesting indicators. What’s kind of cool is that original calculations ... Read more