Comments on: Defining a trend

By: Mikegyver

Mikegyver — Sat, 30 Dec 2006 03:27:32 +0000

I love the concepts here and hope to apply them in my site: Linear Cash – lnca.com

Thanks, Mike

By: Trader Gav - Gav’s trading diary » Examing the MMA, Indicatorian approach

Thu, 07 Dec 2006 03:32:03 +0000

[...] Defining a trend Categories [...]

By: Gav

Gav — Sun, 03 Dec 2006 02:19:58 +0000

Thanks Pradeep for the good sources of information.
I will check out the links!

Have a great day.
Gav

By: Pradeep Bonde

Pradeep Bonde — Sun, 03 Dec 2006 01:59:54 +0000

Also look at the discussion on Curtis Faith’s (the original and most sucessful Turtle)site on “Trend following systems on stocks”
http://www.tradingblox.com/forum/viewtopic.php?t=62&highlight=270
Especially read Curtis’s coments in that discussion. The 270 days filter gives good trending stock universe.

By: Pradeep Bonde

Pradeep Bonde — Sun, 03 Dec 2006 01:48:16 +0000

If you are loking at simpler, better, and more objective way of finding trend read the Ed Seykota’s explanation of trend and how to calculate it. You may find it better than the approach you are currently using.
“A trend is a general drift or tendency in a set of data. All measurements of trend involve taking a current reading and a historical reading and comparing them. If the current reading is higher than the historical reading, we have an up-trend. If lower, we have a down-trend. In the improbable event of an exact match, we have a sideways trend.
The direction of the trend depends upon the method we use to perform the comparison. Real instruments fluctuate minute-to-minute, day-to-day and year-to-year. We have, therefore an enormous supply of historical points to use to determine trend. As such, we can determine as many instances of trend as we please, in any direction that we please.”

http://www.seykota.com/tribe/TSP/Trends/index.htm
http://www.seykota.com/tribe/TSP/Trends/Exercise_1/index.htm
http://www.seykota.com/tribe/TSP/Trends/Feedback/index.htm