Hi, you may want to take a look at ADX.
For downtrend: DMI- > DMI+ and ADX greater than some threshold (and optionally also rising).
For uptrend: DMI+ > DMI- and ADX greater than threshold (and optionally also rising).
You can test for ADX length, ADX threshold along with, perhaps, your entry ...
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- Wed Jul 23, 2003 1:12 am
- Forum: Trend Indicators and Signals
- Topic: How do you determine the "trend" aside of a 20-day
- Replies: 25
- Views: 37564