|
PureBytes Links
Trading Reference Links
|
All you need to do is Forward Normalize the Price input of all your
indicators this will solve any problems with splits and gaps. I figured
you knew this by now, you've been around a long time. mb
:I think momentum sucks. Another thing wrong with it is that if you
:use it for backtesting stocks your results might be meaningless. If
:a stock is split the historical value changes after a split - what
:was ($30 - $20) becomes ($15 - $10). Better to convert to a
:Percent (rate of change) rather than use an absolute dollar value.
:Even converting to a slope, as Bob suggests, is inaccurate. The
:previous
:$10 difference, for example, per month, becomes $5 per month.
:Not conducive to good system development.
:
:donc
|