Quote from manz66:
I was reading SFO magazine published in Oct, 03. The author Cynthia Kase in the article claims that, using daily data futures contracts of multiple commodities including s&p 500, altogether of 47,000 days of data, 185 years in total; her systems catch three quarter of market turns compare to less than half with the traditional indicators.
Also, her idea 'that further the market moves in relationship to volatility, the less likely the movement is to be classified as random, and more likely it is trending'.
Another thing, she wrote about the warning line using two bar reversal and the three additional stops depended on two and three standard deviation reversals.
To me that is interesting way to trade.