FATL MACD: An Oscillator Based on a Digital Filter and Closing Price

Summary

The document briefly describes an oscillator formed from an averaged difference between a FATL digital filter and the closing price. It identifies the indicator as a technical-analysis tool and notes that its implementation relies on smoothing-algorithm classes supplied by an external library.

The description gives no formula details, trading rules, parameter guidance, chart interpretation, or performance evidence. It therefore establishes the indicator's basic construction but does not explain how to use it or whether it provides an advantage. Any evaluation would require the full indicator specification and independent testing across relevant markets and time periods.

Key ideas

• The indicator compares a FATL digital-filter series with closing prices.
• It applies averaging to the difference to produce an oscillator.
• The document provides no entry rules or evidence of trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.