6. Smooth Chart Trend Filter


 

There are many ways to see trend. The Alpha Hunters Smooth Charts are already moving averaged of the Open, High, Low and Last.

If the last price is above ALL OF THIS, then you may consider momentum is up and below, you would consider momentum down. 

The Setup: 

  1. Plot the Alpha Hunters Smooth Minute Chart using a 3 up to 10 average. 
  2. Add Alpha Last Price Indicator #3.

When the Last Price line is above the last bar on the Smooth Chart, we consider this momentum up and below the last Smooth Chart's bar, then momentum is considered down. 


Past performance is not necessarily indicative of future results.




Next -> Momentum Models

7. Double Top / Double Bottom



Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.