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Re: amank7 post# 4598

Wednesday, 04/21/2010 6:38:40 PM

Wednesday, April 21, 2010 6:38:40 PM

Post# of 4823
Doing well. Trading the ES mostly. AIM is still joneog.

What about you? Still trading those horrible penny stocks?

This trend indicator I've been working on is pretty sweet, even though I usually hate to use indicators. Today as the market rallied off the morning lows and headed towards the highs it kept a short bias and I got a huge short in the afternoon as we broke the lows.

I've still got more fiddling to do because when the market is just about to breakout or breakdown sometimes it will give conflicting signals when it is just marginally bullish or bearish. I think im gonna add a parameter for it to be neutral when its not clear one way or the other. Of course the neutral range will have to be arbitrary, which is kind of why I hate indicators in the first place.

-jon

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