Check this out… I think it’s pretty interesting.
I’ve made a generalized Alla’s Average, which:
- you can apply to any data series
- you can use in code, and backtest against
- you can speed up and slow down, just like with other moving averages
This opens up many possibilities. For instance, I took a couple minutes and threw together an Alla’s MACD, and at first glance that looks pretty cool. Basically, now you can use Alla’s Average anywhere you would use a “standard” moving average type, and see what happens.