Rank: Advanced Member
Groups: Registered, Registered Users Joined: 9/26/2005(UTC) Posts: 185 Location: Brazil
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Hi,
I ran into this formula in the internet and it is for Trading or Trending Detection (not sure of the source though).
It works well to some extent, nothing fancy!
WriteIf( When(abs(10000*( (Mov(C,25,VAR )/ Ref(Mov(C,25,VAR),-1))-1
)),<,7) ,"Prices: stalling." , "Prices: moving.")
I just thought of sharing it with you, and also ask your opinion if we can also improve on it!
Thanks,
Bulli
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