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


To: Ken Adams who wrote (7639)5/25/2000 8:38:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
Ken,

RE: EOD trading...which I desparately need to begin to explore before the next term begins (we are now in blessed summer break, hence much free time...until I leave for the UK).

What about Stochastics set at the "trader's-5" as a signal? It is just as objective as MAX, but has the advantage of being less a lagger than MA's. The disadvantage, of course, is that they don't work well in overbought/sold conditions, where headfakes tend to shake one out of good holds...but in playing the 4 to 7 day trends, they are fabulous...

I'm waiting for Sam to give feedback on backtesting EOD Stoch-5...or anyone else? Jesso mentioned that ProUtil. can handle Stoch. input...

TC.