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i use both momentum and acceleration together in my trading
models/system/methodology. acceleration helps define those times when
price turns quickly while momentum "lags." i use both on short tick
bars, such as 3 to 11 ticks, depending on market volatility. more
volatile, then migrate toward the shorter tick bars.
in combination with the other stuff i use, momentum and acceleration
are great for anticipating price reversals. but the holy grail? nope,
gotta look elsewhere.
thanks, bob, for the code. i'll take a look at it this weekend
between football games.
TJ
---Bob Fulks wrote:
I agree that momentum is a great indicator. But it helps to really
understand when it is a "leading indicator" and when it is a "lagging
indicator".
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