WiseTrader Toolbox

Instant Trendline for Amibroker (AFL)

Written by Administrator
PDFPrint

Displays an Instant Trendline based on John Ehlers work in his book 'Rocket Science for Traders'. The Instant Trendline is created by removing the dominant cycle out of the price. This indicator is very good for judging trends and can be used instead of a moving average.

Instant Trendline

Instant Trendline Parameters