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Indicators: Corrected Average (CA)

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Automated-Trading
Admin
103606
Automated-Trading  

Corrected Average (CA):

Corrected Average indicator by A.Uhl (also known as the "Optimal Moving Average").

The strengths of the corrected Average (CA) is that the current value of the time series must exceed a the current volatility-dependent threshold, so that the filter increases or falls, avoiding false signals in trend is weak phase. - by Prof. A.Uhl -

Author: Alexander Piechotta

Alexander Piechotta
7026
Alexander Piechotta  

Updated Version 2.2 :

  • I've added the Shift of indicator parameter (idea to use as a Support and Resistance)
  • Exponential averaging bug fixed

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