MACD attoT3 Trend
It is for MACD addicts! “MACD attoT3 Trend” is a redefinition of the classical MACD indicator to offer accuracy and precision at the same time. As a well-known trend momentum indicator, MACD already provides quite accurate signals due to its mechanistic calculation (pretty conservative/preventive one, such as RSI) and widespread usage. On the other hand, its inadequate precision(latency) is reasonable because it actually was designed for divergent and convergent behavior(s) to price action.
Hence, it is time to MACD meet my attoT3 (modified Tillson T3) smoothing procedure to improve it latency a bit. Then, calculated attoT3-MACD signal is processed by a few more steps to achieve accurate and precise (less latency as much as possible) responses and now it is compatible to track with a ATR based trailing stop mechanism.
Now the “MACD attoT3 Trend” indicator is only available in strategy mode, and with no alarm.
Feel free to provide your feedbacks/malfunctions.
HikmetSezen @HikmetSezen58 on twitter.
Hence, it is time to MACD meet my attoT3 (modified Tillson T3) smoothing procedure to improve it latency a bit. Then, calculated attoT3-MACD signal is processed by a few more steps to achieve accurate and precise (less latency as much as possible) responses and now it is compatible to track with a ATR based trailing stop mechanism.
Now the “MACD attoT3 Trend” indicator is only available in strategy mode, and with no alarm.
Feel free to provide your feedbacks/malfunctions.
HikmetSezen @HikmetSezen58 on twitter.
Release Notes:
For a better backtest,
- Time range module as start and stop periods is added
- Order size is set to 100 percent of equity as default, so now the net profit is calculated properly. For example, this indicator offers a ~1800% gain in cash balance from 1.1.2017 for BTCUSD pair in a 1-day period.
Enjoy!
- Time range module as start and stop periods is added
- Order size is set to 100 percent of equity as default, so now the net profit is calculated properly. For example, this indicator offers a ~1800% gain in cash balance from 1.1.2017 for BTCUSD pair in a 1-day period.
Enjoy!