Post Number: 200
|Monday, December 26, 2011 - 05:01 pm:||
Just a suggestion for a trend strength indicator. Simply just an RSI of the moving averages you are following.
Three per indicator:
For example you could plot RSI of moving averages, say, 60, 30 and 5.Should have a choice of timeframes.
When the indicator (RSI of the MA)is flat and maximum value (100)the trend is strong.
This will give the user the opportunity to ascertain the strength of 3 different timeframes in the one indicator.This will be useful especially if you can use minutes/hours as well as days weeks.
Will also assist swing traders. For example MA 30 and 100 is top strength can consider using a smaller MA passing above 50 as a signal.
Post Number: 1322
|Tuesday, January 17, 2012 - 09:51 am:||
Thank you for the suggestion. I have added it to our list for investigation. Development has been held back by delays with hour/minute charts but we should be able to start with the backlog in the second quarter.
Post Number: 46
|Tuesday, August 13, 2019 - 04:25 pm:||
I want to suggest you to consider what are the trending stocks and what is going in ASX today this strategy will help you to increase your trading.