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Good work Gerard. Thanks for sharing! G
Gerard Carey wrote:
> Spotted one of 'Stocks And Commodities' teaser articles giving a brief
> outline of a simple measure of trend strength proposed by TUSHAR S
> CHANDE.
> 'S&C' V.11:9 (382-386) Rating Trend Strength.
> I didn't buy it. Too mean. ($4.95 for the complete article)
>
> Goes like this;
> IIf C>=Ref(C,-n),1,0). // Score one for an upday
> IIf C< Ref(C,-n),-1,0). // Deduct one for an downnday – the trend's
> rating loses a point.
>
> To spare the uninterested, the complete formula and my interpretation
> waffle is included in the attachment.
> Not $4.95, not $3.95, Free!
> For those without attachment access I’ll bang it in the files section.
>
> Regds and Good Trading everyone,
> Gerard
>
> ps. I’m not saying it’s the greatest thing since sliced bread
> Justa bita light TA reading for the weekend.
> Gimme a pm if you require any further clarification.
>
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