Trigger Line: A Moving Average Smoothing Trend Indicator

Summary

Trigger Line is described as a trend-following indicator built from a moving average and a smoothed version of that average. The document identifies the indicator’s core calculation concept, but does not specify the averaging periods, smoothing formula, entry or exit rules, or how signals should be interpreted.

The indicator can issue alerts, including email and push notifications. The page notes that it was originally written in MQL4 and first published in 2006, but provides no performance tests, market examples with measured outcomes, or risk guidance. Traders would need further implementation details and independent testing before using it as a strategy.

Key ideas

• The indicator uses a moving average and its smoothing as the basis for trend signals.
• It provides alerts, including email and push notifications.
• The description gives no parameter settings, trading rules, or performance evidence.

Tags

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