An indicator that has done a reasonable job predicting the SPY since its inception.
Starting with about 4.5K and ending with 20k.
This indicator just went long recently.
This a very simple indicator that I will go into further. I call it MAD4e. It is simply the addition and subtraction for 4 exponential moving averages. In this instance it is MAe(22) + MAe(30) - MAe(10) - MAe(70). To normalize things I divide the result of this by close and multiple by 100 to get percent of this difference. Once this crosses 1.2 a buy order is initiated. Once this crosses -1.2 a sell order is initiated.
