With newdigital, and its topic about Signal System, I started to get interested in Asctrend indicator. The oldest traders certainly knows this indicator, but personally, being a novice trader, I had never heard before. As a programmer, I decided to start this thread to share my analysis of this indicator, as published in the codebase.
My goal is to better understand its operation. For the best use for trading, and then try to make it the basis of an EA. I already made an EA based on the ideas of newdigital, but I would like from this analysis go much deeper.