Developed by economist Anıl ÖZEKŞİ for MATRİKS TRADER platform.
This indicator is like a trailing stop indicator but differs in two ways.
First, trailing stops often uses price bars to determine the stop level, but MOST uses an adjustable percent of the Exponential Moving Average of the price which smooths the sudden price moves.
The second thing is that MOST gives BUY and SELL signals instead of giving one way signals for price action.
MOST has an EMA and a trailing percent stop level of EMA that can be adjusted by changing the length of the EMA and %percent of the stop level.
BUY when ExMoV crosses above MOST LONG CONDITION when ExMov is above MOST
SELL whenExMov crosses below MOST SHORT CONDITION when ExMov is below MOST
Updates: 1- Added Highlighter 2- Added BUY SELL SIGNALS 3- MOST indicator advised to use with Variable Moving Average in sideways market by its developer Anıl Özekşi, so added couple of alternative Moving Average OPTIONS to use in the calculation of MOST as:
SMA : Simple Moving Average EMA : Exponential Movin Average WMA : Weighted Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average aka VIDYA WWMA : Welles Wilder's Moving Average ZLEMA : Zero Lag Exponential Moving Average TSF : True Strength Force
Merha indigatör güzel fakat ileri geri hareket özellii getirilse daha iyi olacak.Örnein birkaç bar ileri yada geriye getirebilelim.Fiyat belirttimiz periyotta brkaç bar ileri yada geriden takip edebilsin.Emeinize teekkür ederim.