Smoother Momentum Stops (SMS) is a dynamic tool that combines the logic of momentum and moving averages to create an overlay of the market price and generate potential trade signals. The original idea for this indicator comes from the beloved and esteemed trading indicator guru Mladen Rakic.
Understanding the Framework
The SMS incorporates various aspects of...
This strategy is an advanced version of the Loft Strategy V1, I shared earlier. (Loft Strategy V1 consists of a kalman filter (by alexgrover ) and a "stop and reverse" line which is following and the kalman filter. If the price goes in the same direction as the position side, the "stop and reverse" line approaches the kalman filter as set on the "Approach...
This strategy consists of a kalman filter (by alexgrover ) and a "stop and reverse" line which is following the kalman filter.
If the price goes in the same direction as the position side, the "stop and reverse" line approaches the kalman filter as set on the "Approach Decrease Step" parameter.
![BTCUSD: Smoother Momentum Stops [Loxx]](https://s3.tradingview.com/v/v8XgnKnE_mid.png "Smoother Momentum Stops [Loxx]")
