TC2000.com• Download software • Tutorial videos • Subscription & data-feed pricing • Class schedule
TC2000Brokerage.com• New account application • Trading resources • Margin rates • Stock & option commissions
Worden Discussion Forum
Thanks Bruce and next time you are on vacation don't check this site.... :-)
Will give it a shot...
Bruce - here's what I did, I must of misunderstood your directions cause I'm not getting an indicator display.
Will do thanks
Bruce, sorry for not providing more details..
"The filter(ADX) is applied to the slow moving average and reduces the likelihood of reducing false crossovers signals. Because minor fluctuations about the slow average are relatively constant in amplitude, the filter is calculated as a percentage slightly greater than the normal amplitude fluctuation".
ref: Market Timing and walk foward optimizing, Charles D Kirkpatrick
So as I read this and try to answer your question, I beleive it's ADX applied to SMA of Price.
Hopefully this helps...
Bruce, in my qwest in finding the holy grail market timing, ha,ha I am looking at a filtered dual moving average crossover. The filter to remove false signals is the ADX for trend strength. There would be different settings for Market up or Market down signals against the major indexes(SPX,QQQ,VTI). What I was wondering is whether you could frame this out so I could test the differnet length variables, for now pick the easiest and shortest lengths. I'm not sure how to smooth the Slow moving average with the ADX. Any guidence you could shed would be a great help. I will keep researching as well.
This might give you an option into an approach.
Bruce, what about using the technique you developed for the ttm squeeze?
Thinking out loud.
Sorry this is exactly what bcochrane suggested and developed. See his link.......rctrade
You can look at the number of days above a moving average and sort your watch list colum in decending order by number of days for the stongest trend. there is a PCF on the board that provides this.
just a thought.
Thanks Bruce and Uncle. Will take the time to dig into it, I have it on screen thanks to Bruce sending it, but need more time to look deeper into it. I don't use the Impuse system or seasons - so need time to internalize and see if it fit's. Will let you know either way.
Thanks Again for sharing,