Ruggiero's Trend Mode Rules

["Yngvi Hardarson" <hardy@xxxxxxxxxx>]

Hi All!

Has anybody experimented with Ruggieros Trend mode identification strategy
as described in table 4.9 in his Cybernetic Trading Strategies book?

Below I have made an attempt to write down an indicator supposed to employ
his rules.

periods:=Input("Periods?",1,63,14);
If((ADX(periods)>25 AND (BarsSince(Cross(45,ADX(periods))) >
BarsSince(Cross(ADX(periods),25)))) OR (ADX(periods) > 10 AND
Ref(ADX(periods),-4)<10 AND (ADX(periods)-Ref(ADX(periods),-5)>0)), 1,
If(ADX(periods)<20 OR ((BarsSince(Cross(45,ADX(periods))) <
BarsSince(Cross(ADX(periods),25))) AND ADX(periods) < 45),-1,0))


Comments or suggestions anybody?

Regards,
Yngvi