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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11120)1/31/2001 9:27:15 AM
From: peter n matzke  Read Replies (1) of 12039
 
Hi Brooke,
When you have some free time (LOL), try testing an ADX > a break level 20, 30 etc
PDI><MDI signal and use an MA cross as a filter

scalping system
large ma cross above small ma (anti-trend) with pdi>mdi buy signal, reverse indicators for the sell signal
provides a nice scalping system.
test with a predetermined scalping objective 1-20 points depending on the market you trade.

trend following system
then also test as a trend following system ADX> break level 20,30 etc
PDI>MDI with a MA trend confirmation small MA cross above large ma = buy signal
reverse code for sell signal

I would list specific code but its not my idea, and unfortunately the system is sold by
a company that likes to charge a lot of money for ideas like that.

regards
peter
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