This new addition to the products line gives fast switching to easily detect trading opportunities. For more details on the algorithm, see Perry Kaufman's Smarter Trading - Improving Performance in Changing markets.
In addition to the binary signal line (solid), the indicator also shows the trend efficiency ratio, a measure of the noisiness of the price series. Close to zero is noisy, close to 1 is trending.
This new addition to the products line gives fast switching to easily detect trading opportunities. For more details on the algorithm, see Perry Kaufman's Smarter Trading - Improving Performance in Changing markets. binary trading
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