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I tried this but if I put 3 instead of 0.3 it just makes a flat line. I'm not sure what to put for the last two parameters. I've tried different things and I just can't find anything that I like. It either tracks price so closely that it's not useful or it lags too much. So far I like the 20 EMA just to get an idea of the direction and intensity of the trend.
If anyone has stepma parameter suggestions please let me know and I will try them out.
Compare the basic....what I am calling the "All you Need Linear Regression" AYN LR for short.....to the Viper 5 range bar chart.of the ES........the same. Only the Sharkfin is better.
My last post didn't seem to work so if we get it twice, sorry. Attached are some settings I have been messing around with. I am currently paying for Allas average and I was looking for something free. The stepma does a good job for my 401(k) plan where I can't move in and out very quickly. My settings on the S&P500 index weekly are attached. Notice how it is very good at calling the tops and bottoms of the big swings. I'm certain there will be some whipsaws historically. I'm still studying it.
Do you think that we would trade better if we had really big ass dots???
Notice......everywhere there is a dot the Sharkfin has painted the bars for you. So......do you think you would trade better if you had big ass dots ??? I think not.