Moving Mini-Max – a new indicator for technical analysis
Z. K. Silagadze
Budker Institute of Nuclear Physics and Novosibirsk State University, 630 090, Novosibirsk, Russia
We propose a new indicator for technical analysis. The indicator emphasizes maximums and min-imums in price series with inherent smoothing and has a potential to be useful in both mechanicaltrading rules and chart pattern analysis.