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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: cheryl122 who wrote (7084)5/15/2000 3:27:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
cheryl,

Great questions!

MAO would be a great tool, but I haven't seen it in any package I'm familiar with.

MA crossovers are not trend predictors, as are Stochastics, ROC, OBV and others. They simply confirm a change in direction or momentum already underway. Thus we will lag the crossover point nearly every time. But this also means that we get into the "meat" of the trend and are less likely to be fooled by false signals.

TC.



To: cheryl122 who wrote (7084)5/15/2000 4:14:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
Cheryl,

I like the MAO idea, myself. I've put the question to Jerry Medved to see if he could give it to us on Quote Tracker. I even admitted I had stolen the idea from you, so I don't get any credit. <g>

Ken