Hi,

was just reading about Bell Warning Line... I don't think I've tried an indicator like that for exits yet. Can anyone recommend something similar that I can find for MT4 to use?

description of Bell Warning Line here:

Adaptive moving averages are fairly well
known. Two of the most widely known are
Kaufman’s Adaptive Moving Average (KAMA)
and VIDYA, another adaptive moving average
developed by Kushar Chande. Both of these
indicators get faster when the market moves
faster, and get slower when the market moves
slower.

The Bell Warning Line (BWL) works on the
opposite principle. As the market goes into an
extended move, the BWL gets slower, allowing
for wider stops as the trend is drawn out. When
the trend starts to fall apart, however, the BWL
speeds up, tightening the stops and preserving
profits.

http://www.bestcommoditycharts.com/quickstart.PDF

hmmmm
heres my kama
or should I rephrase that to the copy I have of KaufmanI dont use it
hope this helps

Attached Files

Kaufman2.mq4 (3.3 KB, 157 views)