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Simple Trend following indicators Rate this Topic:
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wwrightjuly4
Posted : Thursday, May 3, 2012 1:03:31 PM
Registered User
Joined: 4/10/2006
Posts: 954

 

 

I was looking for something to keep me in the trade. i.e. fewer signals.

-The top chart is 2 Day

-Bottom chart is Weekly

 

however, if you look at stocks range bound or saw tooth this is probably not goint to work very well.

(-1*(minL5.1 > minL12.8)) + 1 + (-1* (avgc20>avgc50))

 

This is inverted  for logic (-) i.e. the more negative (-7) bullish  (-3) bearish  on the charts...you could multiply by (-1* ) to flip it.

(minc15.3 < xavgc13.3) + (2*(maxc15.2 > xavgc13.2)) + (4*(c1 > xavgc13.1))

 

Up Trend  (extremely up)

 

 

Down Trend  (extremely down)

 

 

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