Trading in the direction of the higher-timeframe trend significantly increases win rates. This formula identifies when the daily momentum aligns with the weekly trend.
Use + , - , > , < , and AND/OR for logical conditions. metastock formulas new
As markets become more algorithmic, traditional indicators often need "smoothing" or "adaptive" components to remain effective. Here are three new formula concepts for the current year. 1. The Adaptive Volatility Breakout (AVB) Trading in the direction of the higher-timeframe trend