Confirmation Indicator

Our Indicator Choice is… The Kalman Filter is our next confirmation indicator we’ll discuss.  This indicator has similar qualities as the McGinley Dynamic Indicator, whereby it is considered “adaptive” – meaning that the math behind the indicator adjusts to the volatility of the market.  There are massive amounts of work associated with this indicator which are quite impressive.  ... Read more

Welcome to the next Stonehill Forex Indicator Study.  This research represents an investigative look into how and why some indicators work and some don’t work as well. Increased Efficiency We introduce indicators not included with the MT4 platform to find more efficient indicators which may yield superior results than older indicators better suited for different … Read more

Our Next Indicator Choice is…   The Aroon Up and Down; also known as the Aroon indicator, is our next confirmation indicator choice.  The indicator is derived by calculating how many periods since the last 25-period high (or low), subtracting from 25, dividing by 25, then multiplying by 100 and creates a signal when one line … Read more

Impulse Speed We’ve chosen the Bears Bulls Impulse as our next confirmation indicator choice.  This indicator is an adaptation of the Elder Ray Index indicator developed by Dr. Alexander Elder.  The original version was developed in 1989 and was given the name Elder “Ray” because he felt it could see through the market, just as an X-Ray can ... Read more

Our Next Indicator Choice is… We’ve chosen the Fisher Indicator as our next confirmation indicator choice.  Earlier versions were repainting — something we covered in another blog (click HERE if you want to read up on that).  This version of the Fisher Indicator is displayed as a green and red colored histogram, using a zero line as ... Read more