Discussion in 'Technical Analysis' started by robinxing, Mar 18, 2007.
is there any indicator which can do the job?
The classic one is described here http://tinyurl.com/2s34qp although I'd recommend also getting the book.
Try an Inverse Fishers Transform.
???..................line charts, trend channels, coherency.
Detrended Price Oscillator (DPO) and
Tom Demark Indicator (TD_I)
Good trading to all,
200 day moving average is pretty smooth;
may want to look at a ma that is a bit rougher,
[less smooth also]
you did not catch what I mean
I wanna find an indicator which can show the extent of the
It's between your ears.....
I know exactly what you're looking for... and the short answer to your question is "no." a few years back I looked long and hard for exactly this type of indicator... it just didn't exist.
However... it was that search that lead me to get software where I could invent that indicator myself. It took a while to first master the software (Amibroker), then to create the indicator.
In the end, I came up with something very reliable.... the calculations are very extensive.... but it can be done.
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