market filters

Discussion in 'Strategy Development' started by danmb280, Dec 25, 2005.

  1. danmb280

    danmb280

    Hi,

    I have been working on swing trading plan for equities on a 30 min chart that works well when the market is trending.

    However, i´ve been having some troubles coming up with a way to filter the market to only allow trades when the market is trending.

    f.e. i tried using a 30min QQQQ chart with adx above 30 as a filter, but that didnt work well.

    The purpose of my thread is to initiate a discussion on what type of market filters people on ET use and to get some suggestions.