MDA - Market Direction Analysis

[Huluriasquias]

Excellent post Warpfactor, and I agree 100%.

Let me add that I had very good results with a trend following system with an overbought/oversold sub-system to anticipate turning points. (overruling the current trend)

For both sub-systems it helps to have a polling of indicators (i.e.: 2 out of 3) instead of relying in a single one.

This is the simplest system I found that gives rather consistent positive returns. (But nothing to get rich in 3 years... <g>)

The choice of indicators, and parameters must vary with the underlying security traded, and personal style.

H.