The best version is the modern day (after 2016) iTrend that's calculated using ADXvma.moey_dw wrote: Fri Oct 28, 2022 4:13 pm Jiimmy what versions is best the old ones (they are quicker) or tiny bit laggier new versions using ADXVMA?
The ADXvma iTrend is very good for scalping into the Weekly chart's trend by using:
- 5 minute charts
- Default iTrend and Level Factor settings
The slight lag of the new iTrend is beneficial for low timeframe trading and will outline trends much better compared to the older version. The new iTrend also avoids early fakeouts compared to the original iTrend which used a Typical Weighted MA.