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Ticker Trail

Ticker Trail

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Author: mandorr

Here, the trail line is used instead of the signal line. Trail is the line that is distanced from the current price no more than the trailing length. If the difference between the price and the trail line is less than the trailing length, then the trail line does not move. The trail line is a good filter with a delay by price and not by time, unlike the signal line.

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Author
Salvador
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