|
PureBytes Links
Trading Reference Links
|
I like this definition....but
AGAIN, LET'S REMEMBER ALL THAT TREND DEFINITION IS INDEPENDENT OF
TIME-FRAME.....
example: If I am trading 5 min or 15 minute bars, the 14 day trend is
totally irrelevant in most cases.
But a 20 BAR trend might be valuable for that short time frame.
> -----Original Message-----
> From: Sigstroker@xxxxxxx [mailto:Sigstroker@xxxxxxx]
> Sent: Wednesday, February 23, 2000 10:49 PM
> To: omega-list@xxxxxxxxxx
> Subject: Re: Re[2]: Trend Up ?? down?? simple Question, but the
> vaguestanswers I ...
>
>
> Jeff Cooper uses a simple definition. If the 14 day ADX is
> greater than 30
> it's trending. If the 14 day +DI is greater than the 14 day -DI
> the trend is
> up, otherwise vice-versa.
>
>
|