EmaTrend means Enrico Malverti Adaptive Trend, it is a trend follower indicator for the analysis of financial markets created by the trader Enrico Malverti in 2008.
EmaTrend is based on a proprietary autoadaptive formula.
The indicator is a volatility channel that plots only the lower band when prices close above the upper band and plots the upper band when prices falls below the lower band.
EmaTrend can be used both as a signal of beginning of a new trend and as a trailing stop.
EmaTrend considers the standard deviation as a measure of volatility together to the Average True Range. The two main Ematrend inputs are just a multiplier of the volatility and the length of the period of analysis of the standard deviation.
EmaTrend considers the standard deviation as a measure of volatility together to the Average True Range. The two main Ematrend inputs are just a multiplier of the volatility and the length of the period of analysis of the standard deviation.
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