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Location: Melbourne, Australia
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Is there a exploration formula for the Rex Takasugi TD profile? preferably for the lower bullish or bearish trend ribbon. Thanks.
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Rank: Advanced Member
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Joined: 4/27/2005(UTC)
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Location: Manchester, NH
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If there is, I am interested.
I use Linda Raschke's multiple moving average indicator with a moving average trigger as a fairly good proxy.
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Rank: Advanced Member
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Location: Perth, Western Australia
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The TD method is locked.... but after a little experimentation you can similar results with:
Bullsh:
x:=LinearReg(C,40);
x>Mov(x,10,S);
Bears:
x:=LinearReg(C,40);
x<=Mov(x,10,S);
I dont think the exact values are mutiples of 10, but thats as far as my testing went! If you want it further refined, well you can buy me some beers for it....
Let me know what you think.
wabbit :D
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