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LeMan variation

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LeMan variation

Postby Nikolay.Gekht » Fri Jul 30, 2010 1:01 pm

The LeMan variation indicator is an indicator recently created by Russian trader LeMan.
The indicator formula is

LV= Close[period]-(AVG(Close) +AVG(Close[period]-AVG(Close)))

LeMan recommends to use this indicator to see the direction of the trade and to detect the exit points at the moments when the indicator crosses the zero level.

leman.png


Download:
LemanVar.lua
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Nikolay.Gekht
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Re: LeMan variation

Postby braumann » Thu Oct 11, 2012 5:19 am

Hello,

Can you make a signal, please ?

Thanks you !
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Re: LeMan variation

Postby Apprentice » Thu Oct 11, 2012 9:18 am

Requested can be found here.
viewtopic.php?f=31&t=24324
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Re: LeMan variation

Postby Apprentice » Fri Dec 07, 2012 6:35 am

variation.png

LeMan Variation, Variation that can use digital smoothing filters.
By default no smoothing is used, will have standard LeMan variation.
variation.lua
(16.5 KiB) Downloaded 171 times
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Re: LeMan variation

Postby Apprentice » Mon Apr 17, 2017 6:46 am

Indicator was revised and updated.
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