josi wrote: Tue Jan 26, 2021 6:21 pm
What exactly is the function of the goldenrod-line?
It's used to determine the strength of the trend. Once it's broken, the trend is 100% locked in and confirmed. This is a good signal to enter.
It's like how some traders add a 20 line to the ADX to determine volatility. But what is good about the line on the itrend is that it's sort of Dynamic, as it adjusts itself, and is not just a flat line added
Would be good to hear an answer from Mrtools about it, too, in case I have missed something.