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Discussions  »  Product and Service Development  »  Formula Assistance  »  Opinion about Trading or trending formula!
Opinion about Trading or trending formula! - Opinion about Trading or trending formula!
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Bulli  
#1 Posted : Sunday, August 6, 2006 4:17:49 PM(UTC)
Bulli

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 9/26/2005(UTC)
Posts: 185
Location: Brazil

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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