Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 671.40

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4:00 PM EST

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To: Dr. Stoxx who wrote (7137)	5/18/2000 8:43:00 AM
From: JD	Read Replies (1) of 39683

I think your formula should read: . . . . (20 Day High - 20 Day Low).. / .. 20 Day High __________________________________________ (5 Day High - 5 Day Low).. / .. 5 Day High . . . This gives results in the value range of 1....did you forget to include the highlighted "5 Day High"?? Pretty nifty formula, I like it. Have been tinkering with a "Trend is your friend" exit/entry formula which uses a faster moving average signal to close a trade which is moving contrary to the overall market trends....produces improved results (so far - need a lot more study) when the market intermediate and short term trends are same direction. In other words, use longer term MA signals when going same direction as overall market, but be quicker to take profits (or cut losses) when trying to trade against the overall market trend. Have been studying it using the NAS comp index, but would think that by using sector analysis may allow improved results....if we find a trending gold stock, for example, that whole sector trends against the overall market during crashes much of the time.... This moving average system is lots of fun!.......Jerry

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