Theory:
If you're looking to refine your trading strategy, the zero mean normalized nonlinear Kalman filter is a tool worth considering. This enhanced version not only builds on the original concept but also introduces floating levels along with three distinct coloring modes for signals:
- Color change based on slope
- Color change when crossing outer (floating) levels
- Color change when crossing the middle (floating) level, often referred to as the 'zero line'
Usage:
The color changes can serve as effective signals to guide your trading decisions. Keep an eye on these shifts as they can indicate potential market movements.
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