mladen wrote: ↑
Wed Aug 09, 2017 7:35 pm
JADragon3 wrote: ↑
Wed Aug 09, 2017 3:42 pm
Dude. This is a thing a beauty. I like the rainbow averages but have always found them to be a bit noisy. I really want to adapt this to my strategy. Are you interested in adapting to MTF by chance ?
MTF of a rainbow or of a Gaussian?
When you put it like that , I'm not really sure. LOL...The way I understand it is , the Gaussian is something of a filtering function added to a rainbow moving average ? So whatever this indicator is , I think adding MTF will help catch the accumulative/distributive qualities of some candlestick patterns on lower time frames. Kind of an early warning signal. Forgive me if I am not wording it correctly and adding confusion. I'm not what you would call a well educated man.