The TideMaster is an alternative to the classic moving average, providing a volatility channel around its centerline. The idea of such envelope has been popularized by many technicians such as Jake Bernstein and Jeffrey Kennedy.
The channel creates a virtual S/R zone which is ideal trend following and pullback entries after impulsive movements. It also acts as a tool to avoid price whipsaws and to provide a simple heuristic for entry and stop loss placement within a moving average system.
This indicator has the following unique features: - Gradient Color Centerline to track the moving average slope/direction. - Gradient Color Volatility Channel with adjustable width. - 5 Moving Average Types: EMA,SMA,HMA,WMA & VWMA.