RocnRoll indicator in Express + strategy
Posted: 26 Sep 2013 10:04
Hi,
Attached the Express RocnRoll indicator and an example on the DAX CFD.
Nice results with this indicator, filtered with 2 trend indicators MACD & DI.
RocnRoll Interpretation:
The RocnRoll uses operations based on a Roc (rate of change) and exponential moving averages of different periods to generate bullish and bearish signals.
If the RocnRoll goes to 1 and stays at 1, the indicator gives a bullish signal (green histogram)If the RocnRoll becomes 2 and stays at 2, the indicator gives a bearish signal (red histogram)If the RocnRoll goes to -1 the indicator gives a signal to exit the market and stay out for the moment (blue histogram) until another bullish or bearish signal is given.
Greetings,
Pinot Gris
Bonum vinum laetificat cor hominis
Attached the Express RocnRoll indicator and an example on the DAX CFD.
Nice results with this indicator, filtered with 2 trend indicators MACD & DI.
RocnRoll Interpretation:
The RocnRoll uses operations based on a Roc (rate of change) and exponential moving averages of different periods to generate bullish and bearish signals.
If the RocnRoll goes to 1 and stays at 1, the indicator gives a bullish signal (green histogram)If the RocnRoll becomes 2 and stays at 2, the indicator gives a bearish signal (red histogram)If the RocnRoll goes to -1 the indicator gives a signal to exit the market and stay out for the moment (blue histogram) until another bullish or bearish signal is given.
Greetings,
Pinot Gris
Bonum vinum laetificat cor hominis