The TCA indicator version 1 is applying to Trading Station II.
This Indicator is the slowly predictor which is Adapted Commodity Channel with Trailing Signal. It had a little bit lag of timing sometimes.
The TCA is one of the predictors developed by Richard Tao.
The first parameter is "N: Periods" which defines original CCI periods.
The second parameter is "M: Periods for Smooth" which defines ma periods.
The third parameter is "D: Distance from center" which defines gauging level from 0.
The fourth parameter is "C: Coefficient percentage " which defines the multiplier of change coefficient in percentage.
Personal advice is that N better not to small and the applying timeframe not less than H1.
D1 may use:20,5,100,100; H4:30,5,100,100; H1:50,7,100,100.
The TCA applying rules:
When T crosses up S, signal to buy.
When T crosses down S, signal to sell.
The excellence trader needs to have the ability to forecast trend. To enlarge profit, a trader had better to take position before market move rather than just following.
The general indicator is hard to catch the starting and fading away of the trend in performance. That’s the reason why I built a serial of simple and effective predictors for private use. To use those predictors, a trader needs to a)find the average time span, b)trace it, c)believe it.
Hope this would help.
The indicator was revised and updated
