Linear trend: enter: fml("linear trend") > fml("linear trend: 8ma")
where linear trend is what richard posted and where 8ma is: mov((Sin(((13*(Sum(Cum(1)*C,13)))-(Sum(Cum(1),13)*(Sum(C,13))))/ ((13*Sum(Pwr(Cum(1),2),13))-Pwr(Sum(Cum(1),13),2))) - Sin(((21*(Sum(Cum(1)*C,21)))-(Sum(Cum(1),21)*(Sum(C,21))))/( (21*Sum(Pwr(Cum(1),2),21))-Pwr(Sum(Cum(1),21),2))))*100,8,w)
very fast indicator- at first glance confusing but then it comes together. Also remember richard said use only on left side of mountain so throw in 13>34wma or somthing to get you on correct side of hill.
andy |