forecasting trenddays

Discussion in 'Technical Analysis' started by man, Feb 23, 2006.

  1. man


    EMATRSlope(0.25) is greater than 0, then tomorrows trendiness is increased by 10%.

    EMATR(0.25) is an exponential moving average on true range.

    i did something on rangeCompression as well, which indicates additional trendiness, but EMATRSlope seems to do a better job.

    anyone else active here? with concrete outputs?
  2. man


    when the market opens tomorrow below 50% of the last ten days range, then the trendiness increases by 20%.
  3. How are you quantifying trendiness?
  4. You might be better off using the Market Profile to describe and anticipate trendiness instead of arithmetic mumbo-jumbo.
  5. Please explain what is EMATRSlope? Thank you.

    I recently sat in on Dr John Clayburg seminar, he has a simple way to determine trend I am still testing it. Here is the link if you are interested
  6. man


    very simple abs(ln(Cto/Oto) or: "what does the market accomplish in distance between open and close.
  7. man


    i put an exponential moving average over true range and measure its slope by looking at todays value divided by yesterday's minus one.
  8. man


    you are referring to the classic steidlmayr concept?

    well, here i am currently only looking at tendencies derived out of end of day data.

    what you call mambo jumbo is "concrete" to me. anyways, take care.
  9. ==================
    Yes:cool: ;
    something like that.

    Like to be ready for a trend day anytime;
    even though they may not happen as much as would prefer.EMA,SMA , most any MA helps follow trends .

    Be ready for them early & like you said eod =good measure;
    done better following them more so than forecasting them.
  10. man


    :) ... turtling around ... :)
    #10     Feb 27, 2006