Re: No Nonsense Forex - Indicators

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Trading Channel Index aka WaveTrend Oscillator

Did some research on the WaveTrend Oscillator [WT] from LazyBear, Tradingview indicator. The original indicator is called the Trading Channel Index.

My version is slightly different from LazyBear, my signal line is a Finite Impulse Response Filter compared to the original being a standard simple moving average.

I then subtract the Trading Channel Index line from the signal line to produce a color histogram. This could be improved by introducing a smoothing line to the produced histogram data.
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Re: No Nonsense Forex - Indicators

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Ogee wrote: Wed Oct 05, 2022 9:30 pm I think honje was just drawing attention to the general rule of newbies contributing before making requests, English is not first language of many posters and sometimes doesn't go through google translate very well.
Agree with u ogee & that was what i wanted to say too....... which is why i ask the guy how come he is telling people to get lost...... perhaps a misunderstanding
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Re: No Nonsense Forex - Indicators

29
Ogee wrote: Wed Oct 05, 2022 9:30 pm I think honje was just drawing attention to the general rule of newbies contributing before making requests, English is not first language of many posters and sometimes doesn't go through google translate very well.
Noted and apologies for my misunderstanding... Was under the impression "contribution" meant money, and I agree all need to contribute by sharing information as far as possible...

Even if its only leads to new ideas...
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