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Need a Better Moving Average? Try the NMA
Hey guys, I wrote these indicators using Jim Sloman's formulas, which you can read about in his "Ocean Book". The first is call the natural moving average, based on 20 bar calculation. The second is using the natural market river formula and moving average based on the river data.
Entry rules - check 3 timeframes for a 0-line cross of the red line on the NMR indicator, and a close above the NMA. This indicator was also effective as a multi-time frame indicator.
Exit - the red NMR average line re-enters the outer yellow band, after breaching it. Or if it didn't make it to the outer band you can exit when it touches the opposite band or the 0 line. You can also exit if you get a close on the other side of the NMA.
Dustin
Last edited by dustovshio; 03-03-2008 at 11:21 PM.
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