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Strategies & Market Trends : News Links and Chart Links

SPXL 213.39

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Nov 13 4:00 PM EST

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To: Travis W. Clark who wrote (12967)	1/3/2006 11:03:35 AM
From: Les H	Read Replies (1) of 29596

AIQ software calculates the Trend Score from the values of the MACD, Directional Movement Index, Positive Volume, Volume Accumulation, ADX/ADXR, and On-Balance Volume indicators. The calculation is a black box so there's no disclosure on its formula. I think its results can be modified if you change the parameters to the technical indicators from which it's derived (MACD, DMI, ...). There's a different technical indicator called Chande's Trend Score which is supposed to provide the same analysis of trend strength.

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