J.M.HURST

[JLS]

TREND1,

I think your TREND2 system has more promise than Hurst, particularly if you want to be a more active trader.

I also think it (TREND2) needs a confirmation signal. In other words, the first dip below the bottom of the envelope is a setup for a short, and there needs to be another signal for a trigger. That other signal could come from something else. Or the signal could be multiple-choice. One choice for a trigger could be multiple violations of the envelope in the same direction and in quick succession -- in other words, you got the setup on Thursday and the trigger on Friday or, if you weren't paying attention, you got another trigger today.

While looking at your TREND2 system, I considered using another indicator as the setup and using the violation of the envelope as the trigger. I haven't come to any conclusions.

I've been studying the GMMA method. I'm looking at: A pinch, and cross, of the first (fast) group of moving averages is the setup; and a pinch of the second (slow) group followed by a spread of that group is the trigger. This would be for swing (multi-day) trades. Today is the first day in a long time that it looks like a sell signal may form -- the setup is in place, and the trigger is in formation stage. The trigger could complete tomorrow.