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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (5237)2/2/1999 9:34:00 PM
From: HighTech  Respond to of 99985
 
I just do a 10-day average to look at the trend. It is positive when the a*av is greater than the d*dv and negative when it is less. I just started doing this and don't have enough market data to arrive at anything worth using yet. Some fellow awhile back claimed this formula worked well to determine short term trend reversals when an uptrend/downtrend line is broken.

HiTech