Signal indicator of the popular BrainTrend1 trading system with preliminary price timeseries smoothing.
JMA-smoothing has greatly lessened the number of false signals. Such intervals are now perceived by the system as flat ones. The system sensitivity to the market volatility can now be managed by "Length_" parameter. Compared with conventional BTS1, the new indicator is a more reliable system. It can even be called a trend tracking system.
Author: Nikolay Kositsin
newdigital, 2013.08.13 09:00
Jurik BrainTrend is related to the following indicators
As we see - original Braintrend is more simple to trade but many false signals. Jurik BrainTrend is more complicated but less false signals.