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Strategies & Market Trends : Metastock 6.0 for Window

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To: Chris G. who wrote (1445)1/14/1998 1:34:00 AM
From: Chris G.  Read Replies (2) of 4056
 
I've tried something a little diff. , trying syst. tests using ADX and VHF to confirm trend. (ADXR(14 ) >20 AND VHF(C ,28 ) >.30) It worked ok, but near 95% of all loosing trades were ones I wouldn't have made due to downtrending on ADX and VHF. I tried to find any slope formula, but haven't had any luck. Anyone knows how to do this w. these, and/or w/ dahl and linear regression? I would improve my results much better just trading upward trending stocks.
Thanks,
chris

And Richard, trying ADX(70) on daily data just gives a straight line.
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