XMA as a Confirmation Indicator

Histogram for trend identification, both bull ad bear. Converted from a multicolored signal line but corrected in MetaEditor code.

XMA         “X” Doesn’t Always Mark The Spot We happen to stumble across an indicator which seems really awesome visually, but then we started looking a little closer and noticed something rather odd.  The signals were somehow “off”.  But, we didn’t let that stop us.  Let’s jump into this week’s mysterious sounding … Read more

Triangle Moving Average as a Baseline Indicator

Baseline indicator based on John Ehlers triangle moving average work used to determine direction of a trend.

Triangle Moving Average Generalized King of Shapes   A triangle is the strongest shape there is.  Granted, some have championed other geometric shapes, but for everyday applications, three sides is where it’s at. And how does that apply to us traders? Great question. We’ll find the answer in the explanation of this week’s indicator, along with … Read more