Asymmetric Bands Oscillator with Trend-Weight Estimation
Summary
This document introduces an extended version of an asymmetric bands oscillator. The stated addition is an estimate of how much weight price has within the current trend, along with an attempt to estimate the effect of that weight on trend formation. It suggests that crossings between the average and price lines may be used as signals, while advising users to understand the indicator’s behavior before relying on those crossings.
The description is brief and does not specify the calculation, parameter choices, or interpretation of the estimated price weight. It provides no examples, chart evidence, backtests, or risk controls. As a result, the concept is identifiable, but the document alone is insufficient to reproduce the indicator or judge whether its crossings offer useful trading signals. The proposed use should be treated as an indicator idea requiring independent evaluation.
Key ideas
- The extended oscillator estimates price weight within the current trend.
- It also aims to estimate how that weight affects trend formation.
- Crossings between the average and price lines are suggested as possible signals.
- The document provides no formula or performance evidence to validate those signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.