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Indicators: Chase the trend 1.0

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Automated-Trading
Admin
106099
Automated-Trading  

Chase the trend 1.0:

The indicator uses in the calculation the deviation of its previous value from price

1

Author: Denis Lazarev

paysonwelch
319
paysonwelch  
Automated-Trading:

Chase the trend 1.0:

Author: Denis Lazarev

So I tried this out, when I compare it to a 20 period ema it's almost identical except one bar behind the ema. Am I missing something?  Can you post the instrument + settings you are using to get the second graph with the nice straight lines?
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