SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical Analysis - Beginners
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Christopher who wrote (10473)6/3/1999 1:31:00 AM
From: Richard Estes  Read Replies (2) of 12039
 
yes andy is Gonzongo.

I understand it was a reference to ADX, but instead of using the usual >30 is trending, you used the 10-15 to get in at the "start", I wondered if this worked on all stocks or just the S&P 500 you trade.

overfitting might exist, but in your case you presented a method to determine if you are in main trend, our eyeballs are often fooled and we often don't look at every occurance on every stock. That is when backtesting helps. The method you presented could be put into a formula and the computer could scan all stocks in your database to determine how effective it is. I would think you might find yourself in a basing stock at a 10-15 area. You aren't overfitting just testing. You said it was start of trend.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News