FineTuningMA Trend Strength Levels from Standard Deviation

Summary

This indicator adds a three-level trend-strength display to the FineTuningMA moving average. It uses standard deviation and two configurable thresholds: when the measure falls between the thresholds, a small dot appears in the color of the current trend; above the higher threshold, the dot becomes larger. No dot represents the weak level, a small dot the medium level, and a large dot the strong level.

The document describes the display logic and gives example threshold settings, but it does not explain how the underlying FineTuningMA is calculated or define the standard-deviation window and scaling. It also provides no chart evidence, trading rules, or performance tests. The dots can help visualize changing trend strength, but the text does not establish that they predict future prices or specify how traders should enter, exit, or manage risk.

Key ideas

• The indicator uses standard deviation thresholds to classify trend strength into three levels.
• A small dot marks the medium level, while a larger dot marks the strong level.
• Dot color indicates the current trend direction.
• The document does not provide performance evidence or a complete trading system.

Tags

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