The Buff Averages were created by Buff Dormeier (Stocks and Commodities Feb 2001) and this is another hidden gem that is a combo of a volume weighted indicator and a moving average crossover system. It uses a special method to calculate the weighting based on volume. The colored line (fast buff) will follow the price closely and you use the other line to act as a trend confirmation. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators or scripts you would like to see me publish!
Amazing all your magic stuff! Thanks so much! I am also very curios for a strategy with the AM/FM radio from Ehlers. Hope you can do that.
crypteisfuture
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@Ether2020, AM/FM indicator from John Ehlers are very similar to [RS]Dynamic Range Commodity Channel Index V0 by @RicardoSantos maybe it will be helpful for you!
Ether2020
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@crypteisfuture, thank you very much for the info my friend!
cheatcountry
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@Ether2020, thank you very much! and strategies are on my todo list but the few drafts I did, I wasn't happy with the scripts so I will eventually start publishing them for my indicators
Ether2020
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@cheatcountry, That is an amazing good idea and I am looking out for it!
crypteisfuture
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Top script poster of the month! Appreciate your effort!