Comment on Trading Systems

Manoj commented on 18 Aug 2016, 03:01 AM

Nithin

There is a moving average indicator which has a dual color, it’s not available with all the trading platforms but few major brokers provide it. So the indicator changes color with direction bias. I’m not sure of the formula behind it but it’s a very useful tool in a trader’s arsenal and helps us reduce noise to an extent. It will be a very useful addition in case you do not already have it in Zerodha’s trading platforms. You might want to check Sharekhan’s trade tiger for reference, their moving average is dual color.

Cheers
Manoj

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