Efficiency?

How do you know when a trend has started? Ended? This forum is for discussions about trend indicators and signals.
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nodoodahs
Roundtable Knight
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Joined: Wed Aug 09, 2006 4:01 pm

Efficiency?

Post by nodoodahs » Tue Aug 15, 2006 10:31 pm

Has anyone tried using efficiency of movement as a trend indicator? If so, on what investments?

For stocks, I am experimenting with efficiency as defined by high - low as a ratio to average true range for the measure, and I am filtering by a ratio of average intraday range to average true range to avoid gaps. Unfortunately the most "efficient" way for a stock to move is to teleport (gap).

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