Derivative Moving Average

Derivative Moving Average
The information for this test was published in June 1996 issue of "Technical Analysis of stocks and commodities. The test appears in the article "Derivative Moving Average" by Adam White, page 18th Mr. Bell describes this test as using a variation of "tried-and-true simple moving average for entry signals and the" trend analysis index for output signals.
System syntax:
Enter Long: When (Ref (Mov (C, 28 C), -1), =, LLV (Mov (C, 28 C), 4))
Close Long: When (Fml ("TAI "),<, 0.4) and when (Ref (Fml (" TAI ") .- 1 ),>=, 0.4)
TAI formula
((HHV (Mov (C, 28 C), 5)-LLV (Mov (C, 28 C), 5)) / C) * 100