Hi SEC7,SEC7 wrote: Sat Feb 22, 2025 12:29 pm Trend Correlation Strength (TCS) Indicator
Introducing the Trend Correlation Strength (TCS) Indicator
This is a piece of gem.
It seems that with a little aid from a base MA, such as Jurik filter, success rate (by avoiding losses) can go even higher up.
Avoiding news impacts (red triangles in the snap-shot) will further double up profitability (avoiding negative surprises).
Big thanks to Mr. Tools for his courtesy of adding in ema smoothing.
I wonder if Jurik smoothing would add wings to this indicator.
Cheers!