best trend indicator

there is a good American saying: "I hear you !"

actually i am sorry to get inovlved in all these useless exchanges: i will not repeat my mistake again :)
 
qxr1011 said:
there is a good American saying: "I hear you !"
More...
In trading that is not a good saying, it should be: I listen.
After that you study critically what you heard and keep it or throw it away.

You don't need to react, I understand your "mistake" :)
But for me it was impossible to neglect that saying. And maybe for others these exchanges were not useless.
 
Question regarding the special indicators that you have to pay lots of money for.
My brother is a losing trader and a millionnaire.
How does he purchase one of these indicators that actually 'work' (such as those earlier alluded too by kut2k). Money is really not much of an issue. He'll buy it if I tell him too!
 
barcadia said:
Question regarding the special indicators that you have to pay lots of money for.
My brother is a losing trader and a millionnaire.
How does he purchase one of these indicators that actually 'work' (such as those earlier alluded too by kut2k). Money is really not much of an issue. He'll buy it if I tell him too!
More...

You might find something of value at these websites. Absolutely no guarantees that you will.

http://www.mindfire-systems.com/Catscan.html

http://www.jurikres.com
 
barcadia - Another poster named pegasys1 talked up the so called "Ocean theory" indicators:-
http://www.elitetrader.com/et/index...ng-the-best-period.214068/page-2#post-3109908

You can find more info if you search for Jim Sloman. Never used these indicators myself but I like the name. (Ocean theory, that is...not Jim Sloman) :-)

I've never been brave (or desperate?) enough to purchase proprietary indicators. I did briefly consider the Jurik moving average, but at the end of the day it's just a moving average. You can most likely play around with the free versions to create something with similar characteristics. There's always a trade-off between lag and smoothness, no?

Personally I feel the best option is to learn to program, take the standard indicators and tweak the formulas to create your own. There might be something better that exists, but how do you find it? Even if you purchase an indicator, you'll likely end up having to combine it with other stuff...in which case you'll probably want to learn to program anyway in order to test it.

So my (free) advice to Barcadia's millionaire brother is to purchase some programming books or take some (free) online programming classes!
 
luxor said:
I have the opposite problem to most traders. My mechanical system works great in chop, but fails when the markets go into a strong trend. Are there any good trend indicators or formulas? I've tried all the usual suspects but can't find one that can get me out fast enough in a strong trend.
More...

Top of the chart = uptrend
Middle of the chart = medium or chop
Bottom = downtrend

For the daily trend use the 10 day SMA
 
You must log in or register to reply here.
Back
Top