Kalman Filter as a Confirmation Indicator

Single signal line color change price overlay to determine trend.
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

Waddah Attar Explosion as a Volume Indicator

Welcome to the next indicator study.  This research represents an investigative look into how and why some indicators work and some don’t work as well. New Versus Old As I’m sure you’ve discovered, finding quality Volume indicators takes a lot more effort.  Most volume indicators provide the same information, but in different visual representations.  The … Read more

Absolute Strength Histogram as a Confirmation Indicator

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