Gold Customer
Joined: 3/28/2005 Posts: 31
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Here's a thought, if you like to use a trend-following system. Display an ADX line using 14 days or whatever your favorite setting is. Then take a long moving average of the ADX. By long, I mean something in the range of 1000-2500 days, if the stock has been aroung that long. Sort by this value to find the stocks that have a long history of being trendy, and these would be suitable candidates for your trend-following system.
I have no idea if this would be useful, but it sounds reasonable.
Beans-in-the-teens
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Registered User Joined: 7/1/2008 Posts: 889
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hmmm...I don't think many long term trends survived the past 2 years in the market.
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Gold Customer
Joined: 3/28/2005 Posts: 31
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That's not what this is looking for. You just want to find markets that have a history of trending.
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