AST_personov is an indicator, which presented of
the arithmetic average of the ticks.
Next to the
current price, a line appears with the value of the AST deviation from the
current price (in points).
If the value is
positive, it is green and if it is negative, it is red.
What is the arithmetic
average of the ticks ?
This is the
average of the last ticks that the price move.
It has
nothing to do with bars ( prices Open, Close, High and Low ).
Calculations are
carried out using ticks.
The values
change, of course, with each tick because then the calculated average changes.
As a
result, we get an indication of whether the price is escaping up or down.
This can be used to open the position ( if the price is far from AST, it means that the
price has break out ).
You can also use
this to close positions instead of TrailingStop.
In the attached
movie, I present how AST works at an accelerated pace ( backtester ).
This way
you can see how it works.
In the settings, choose :
–
periodAST – how many ticks should be
counted AST.
–
Color – AST line color.
AST_personov
can be used on any chart, on any TF and on any instrument.