I posted originally in Aug, and you are the first to ask for the formula ... in a technical Forum! (close - 3 day high) + (close - 3 day low)....
"Go Carl! Go!" Gone! If ANYONE would like the formula for the Daily Trend Indicator, contact me at aol.com.
The chart posted here shows a couple of applications of the daily indicator to create more familiar indicators.
The chart shows a short term indicator derived from daily price action. It can be used alone or as the foundation for a RSI, Stochastic, or even...
Why are the exact parameters so sacred? Can't we think outside the box? The originating post showed concern about whether the "real" level was...
For several years, I hosted a COT forum, compiling the data and posting my own charts. One day, after being challenged, I forcast with 100%...
Why are so many people who scoff at TA posting in a TA forum?
The waves shown in the chart are clearly not long term ... and the chart was posted on Aug 7th.I don't know if your comments NOW would have been...
You are looking for a new indicator ... why? You already have some good ones ... which leads me to conclude that you are not "reading" them...
As I told Nazzdack: 1) "best" to me means closer to that which is being averaged. 2) Rather than be kept in trades "longer", I'm more concerned...
Would it be possible for you to post a chart of it, as well as a weighted average?
Sure thing. Let me know when you are ready and I'll email it to you.
1) "best" to me means closer to that which is being averaged. 2) Rather than be kept in trades "longer", I'm more concerned with getting out of a...
Chart attached. I never mentioned that the averages are 21 periods of the closing price. The heavy stair-stepping line is of the close.
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