SATL MACD Oscillator from a Digital Filter and Closing Price
Summary
SatlMacd is described as an oscillator built from the averaged difference between the SATL digital filter and the closing price. The description identifies the two components and the averaging step, but does not explain the filter's construction, the averaging method, parameter choices, or how to interpret oscillator values as trading signals.
The document refers readers to a separate explanation of the smoothing library used for intermediate calculations and notes that the indicator requires that library. It supplies no chart interpretation beyond an accompanying figure and no tests, performance results, or comparison with other oscillators. As a result, it introduces the indicator's basic construction but does not establish a complete trading method or evidence of effectiveness.
Key ideas
- SatlMacd compares a SATL digital filter with the closing price.
- The indicator averages the difference between those two series to form an oscillator.
- Its description does not specify signal rules or interpretation thresholds.
- The implementation depends on a separate smoothing library.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.