vaMA Price-Shift Smoothing and a Non-Redrawing ZigZag Indicator
Summary
The document describes vaMA, an indicator built from price shifts and exponential smoothing. It uses increments from the first three orders, with step size proportional to the smoothing period, to produce a smoothed indicator and a faster companion. The stated inputs are a period setting and an option for double smoothing.
It also introduces vaZZ, which applies the vaMA principle to turning points to mark potential order locations. The author claims it does not redraw and has a small lag compared with a standard ZigZag. No equations, chart examples, backtests, or performance evidence are provided, so those properties and the practical value of the signals cannot be independently assessed from this description. The indicators are presented as tools for identifying price movement and candidate entry points, not as a fully specified trading strategy.
Key ideas
- vaMA derives smoothed and faster indicators from price shifts and exponential smoothing.
- Its step size is described as proportional to the smoothing period and based on increments from the first three orders.
- A double-smoothing option and a configurable period are the stated inputs.
- vaZZ applies the approach to turning points to suggest locations for orders.
- The claimed lack of redrawing and low lag are not supported by performance or comparison evidence in the document.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.