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How about going back a few years to Gann?
To paraphrase, a BULL market has higher-highs - a BEAR market has lower
lows. Simple enough to program (H[1] < H; L[1] > L) and perhaps a good
starting point.
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "omega list" <omega-list@xxxxxxxxxx>
Sent: Sunday, February 10, 2002 19:56
Subject: RE: Random Walk alive and well.
> but "Trend" must be defined by formula......
>
> back to square one.
>
> > -----Original Message-----
> > From: a a [mailto:goldcapstone@xxxxxxxxx]
> > Sent: Saturday, February 09, 2002 5:11 PM
> > To: Rob Marsh; omega list
> > Subject: Re: Random Walk alive and well.
> >
> >
> > True Rob,
> > Interesting test. My conclusion is, Trending Occurs.
> > Thus, bet the trend.
> > AA
> >
> >
> >
>
>
>
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