MM,
When you really get down to the dirt of most of the range expansion / breakout systems, they are
very similar.
Donchian channel, keltner channel, ADX, PDI/MDI, std dev, etc etc
The signals are almost the exact same, in fact with minor alterations of number of bars referenced
you can create near identical signals from a wide variety of base formulas.
So the real issue is when do you change your trend signal.
imo that issue has more to do with individual trader preferences.
Do you like to trade in a 7 minute time frame, 1 hour, day, week, etc.
i watch the trades of some of the best traders, and it appears that time frame has little bearing
on performance. Time frame has a greater bearing on the size of trade that is possible.
ie, lets see you try to put on a 1000 futures contract trade for a 7 minute period...it won't be pretty.
No i don't use a swing code.
i hope the items above make some sense.
regards
peter |
