30 min chart with F8 indicator
The F8 Indicator
The F8 indicator is a trend following one that tracks
price movement. It is similar to the MACD indicator with
the following differences.
More responsive with less lag. When it turns, the prevailing
trend is usually at an end with the probability of reversal likely.
In the example chart, the F8 indicator on the 30 min
intrachart of the Kloffe index futures contract leads
the MACD by 30 minutes to an hour.
(see points A, B, C and D)
Trend following characteristics are excellent, as seen from
the trendlines on the example chart.
Available for Omegaresearch products.
Interested?
Email: kloffe@w3.to
