11-19-2008, 11:24 AM
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Join Date: May 2006
Location: Helliconia (Winter)
Posts: 4,410
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Quote:
Originally Posted by tigertrader
Thanks for the reply fxbs.
This is an adaptation of a concept stolen from November 2003 Trading Tips Newsletter. Scroll down until you get to "Qualify CCI with Ergodic". It appears to me that when the solid blue line (ergodic) is at an extreme high or low AND the signal line is between it and the midpoint that the trigger to enter a position is much more valid than just a simple cross of the two lines. This seems to filter many false entries. This is just a "visual" observation and needs testing. |
That article talks about CCI and Ergodic.
Investor/RT Tour - SMI Ergodic Indicator
Ergodic = TSI
Ergodic Signal Line = EMA(TSI)
Ergodic Oscillator = TSI - EMA(TSI)
Investor/RT Tour - True Strength Index
TSI = NUM / DEN
where
NUM = MA(MA(Mom, Exp, Long, m), Exp, n)
DEN = MA(MA(AbsMom, Exp, Long, m), Exp, n)
Mom = PRICE - PRICE.1
AbsMom = ABS(PRICE - PRICE.1)
m = Long Term
n = Short Term |