[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: indicators identifying congestion



PureBytes Links

Trading Reference Links

Kent Rollins wrote:
> 
> Perhaps we should start with "How do you define congestion?"
> 
> Kent
> 
> -----Original Message-----
> From: martin graffman <marting@xxxxxxxxxxxxx>
> To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Wednesday, January 26, 2000 10:42 PM
> Subject: indicators identifying congestion
> 
> I am developing a system that primarily relies on oscillators, primarily
> the CCI 13 and 24, and bar chart patterns (gaps, outside days, etc.)
> Does anyone have any ideas about indicators that identify or predict
> congested areas? The ADX does not work well for short term. Does
> volatility appear to be helpful? If so, how would you define volatility?
> Thanks. Martin Graffman
Congestion is defined as a number of bars where the high of the number
of bars minus low of the number bars falls below a certain threshold so
that oscillator signals persistently cannot create a profitable signal.
It appears that the atr inrelationship to the ave close during this
period may play a role.
Martin Graffman