B3 High-Low Trail-TraderSimilar to SuperTrend or the ATR trailing stop lines that are common-place in chart indicator circles, the B3 High-Low Trail-Trader works as a back-break line to flip binary long and short biasing. Here is the strategy set to 7 bars back. You can find this style of trading system in several books, and there are many ways to come to the trailing stop line, so I imagine the bars back length can be slid around to suit certain charts. This happens to be my favorite trailing line.
Averages
Bill Williams Averages SMMA This indicator calculates 3 Smoothed moving average for default values of
13, 8 and 5 days, with displacement 8, 5 and 3 days.
The most popular method of interpreting a moving average is to compare
the relationship between a moving average of the security's price with
the security's price itself (or between several moving averages).
Bill Williams Averages This indicator calculates 3 Moving Averages for default values of
13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2).
The most popular method of interpreting a moving average is to compare
the relationship between a moving average of the security's price with
the security's price itself (or between several moving averages).