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  1. #1
    NCDindia is offline Senior Member
    Join Date
    Jun 2015
    Posts
    217

    Default SATL - VertexFX Indicator

    The SATL (Slow Adaptive Trend Line) indicator is used to determine trending markets and specifically for trend following systems. It employs digital filter, namely the low frequency FLF-2 filter.
    Compared to moving averages, SATL reduces lag and hence catches trends early on. The SATL indicator requires atleast 64 bars, and is calculated using the FLF-2 co-efficients over a 64 bar period.
    BUY - Enter BUY trade when candle closes above SATL. Place stop loss at nearest support below SATL. Do not enter BUY trade if candle gaps up above SATL.
    SELL - Enter SELL trade when candle closes below SATL. Place stop loss at nearest resistance below SATL. Do not enter SELL trade if candle gaps down below SATL.
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