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Using Trend Strength as a Filter in an EMA Variation Indicator

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Summary

The document briefly introduces a trend-strength version of an EMA variation indicator. It says the original calculation is retained while trend strength functions mainly as a filter, following the logic of a broader family of trend-strength indicators. It also notes that a change in the indicator’s color can be used as a signal.

This gives a high-level description of how to interpret the indicator: use trend strength to qualify or filter the EMA-variation logic, and watch for color transitions as potential signals. The document does not define the formula, thresholds, chart settings, or exact entry and exit rules, and it includes no examples or performance evidence. Readers therefore cannot reproduce or evaluate the method from this text alone; the referenced original explanation would be needed for implementation details.

Key ideas

  • The indicator combines an EMA variation calculation with a trend-strength filter.
  • The described variant retains the original calculation and applies trend strength as a filter.
  • A color change is presented as a possible signal.
  • The document supplies no formula, trading rules, examples, or performance evidence.

Tags

Technical indicatorsTrend following

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