Here is the person who invented the Center of Gravity indicator, which optiontrader101 posted the TOS version of: He provides key insight on how it's used. So, I think this may be the way to go when trying to figure out how it's used. Lately I've been experimenting with it in live time and I have found the best 5 min settings to be -50 and 75 width. I caught 2-3 great long entries so far (by maru - Trading Discussion
I'm attempting to add a 15min aggregation to the original TRIX indicator. Can anyone here please help me with this task? Quotedeclare lower; input length = 9; input colorNormLength = 14; input price = close; input signalLength = 3; def tr = ExpAverage(ExpAverage(ExpAverage(Log(price), length), length), length); plot TRIX = (tr - tr[1]) * 10000; plot Signal = ExpAverage(TRIX, signaby maru - Trading Discussion