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This indicator draws a trend-line directly on a chart. It uses the Theil Sen Estimation method to calculate the slope of the trend-line. Theil–Sen estimation is a method for robustly fitting a line to sample points in the plane (simple linear regression) by choosing the median of the slopes of all lines through pairs of points.
In the case of weighted moving average, the latest data is of more value than more early data. Weighted moving average is calculated by multiplying each one of the closing prices within the considered series, by a certain weight coefficient.
This is a very simplistic method, one of the best in the signal processing and target tracking.
The Heiken Ashi Naive Expert Advisor is based on the Heiken Ashi candle chart system and uses the standard indicator of the same name.
BB Swing EA trades with "BOLINGER BANDS" indicator and swing strategy has Trailing Stop Loss &Take Profit works best on 1H & 4H time frame major forex pairs and stocks NASDAQ.
"Micro Trend breakouts"naked trading price action EA draws 4 Trend Lines with "Fractals"(2main+2small) on chart and trades with Trend breakouts,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ.
The parameters of working - Places two starting pending orders for buying and selling (the size of the lot is calculated automatically on the basis of the deposit size and the maximum increase of leverage from 0.01 to 0.07 lots) taking into account th
The indicator line sharply changes its direction at the critical moments. It helps to identify the beginning of the trend.
Indicator draw green and red lines similar to wavy dash. Green is a buy signal, red is a sell signal.
The indicator will draw vertical lines every hour or any minute that you desire within the hour as long as a candle closes on that minute over the top of other indicators in the sub window.
The indicator shows the arrows point of entry into the position according to the Urban Towers Scalping Strategy.