Please Post Your Favorite Trend Indicators

Forum: Investments
Author: [Investments] Topic: Please Post Your Favorite Trend Indicators
bigvern1013 PM bigvern1013
Joined: Oct 2006
Posts: 2397
Montana
 
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Posted: 11/21/2011 11:42:14 PM

I am looking to incorporate a 3rd Trend (Buy or Sell Pressure) indicator  that could work in conjunction with  my intraday approach. 

Just trying to brainstorm a little bit...I have a proprietary system which gives me buy and sell signals on many different time frames.  Eagerly searching for an additional filter that will take the system performance to another level.......The purpose of this post is to find a few new rocks to turn over, maybe uncover something that I havent heard of or looked in to yet.

There are thousands of such indicators, some more effective than others. Hopefully, I can get some ideas from the traders here.

Thanks in advance

bucknuts PM bucknuts
Joined: Oct 2005
Posts: 8188
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Posted: 11/22/2011 1:36:12 AM
What r you using now?
Posted using a mobile device.
bigvern1013 PM bigvern1013
Joined: Oct 2006
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Posted: 11/22/2011 11:28:48 AM
QUOTE

Originally Posted by bucknuts:

What r you using now?

I am using a smoothed moving average with exponential Bollinger Bands.....basically monitoring when the average crosses the midpoint of the bands.

Also, I incorporate a simple slope calculation (plotted as a line, looks like an oscillator) in order to estimate degree of slope on a given time frame. Time frames concerned are: 30 M 5M 1M, along with assorted tick charts.

I trade commodities, mostly Crude oil and Euro FX, but am interested in trend indicators used for forex and stocks as well.

wallstreetcappers PM wallstreetcappers
Joined: Feb 2003
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Posted: 11/22/2011 1:11:54 PM
There are so many indicators to choose from, none are full proof and most are similar to others in one way or another.

Make sure your trends are not overlapping, if anything find an indicator that uses other data just to have a fresh approach and not repetition.


cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
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Posted: 12/1/2011 12:49:02 PM
You read the books from Michael Covel then?  These turtle traders seem to be right up your alley.  Good luck.
bejabbers PM bejabbers
Joined: May 2007
Posts: 735
Pennsylvania
 
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Posted: 12/20/2011 7:42:47 AM
I favor stochastics supported by the MACD.  Especially the Slow stochastics.  It can be used quickly and relatively easily, which makes it ideal for traders.
Forum: Investments
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