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General Forex Discussion
the search for the best trend indicator
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[QUOTE="hayseed, post: 190583, member: 5898"] expert advisors, scripts and indicators can all be written in a ways to rank the results of trades filtered by trend indicators and trade direction..... so once you have a hand full of possibles, comparing them is somewhat simple..... some of the well known trend following traders, like bill williams, ed seykota and such, are known to add trades as the trend continues..... in trends lasting weeks, months or maybe years, there could easily be hundreds of open trades..... //----- so, long strings of winning trades often are more a result of the long trend itself..... the actual trade producing signal can be minor...... but the trend direction indicator most likely will be major..... comparing the results of trading with or against the trend, leaves little doubt in my mind which side of the fence i want to be on..... eventually the inevitable trend change comes along...... so be it.......h //------ [MEDIA=youtube]oZ8EBE5VnzY[/MEDIA] //------ [MEDIA=youtube]egrxupQBgTE[/MEDIA] [/QUOTE]
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