[EquisMetaStock Group] Make 'trustful' Peak/Trough levels

["dirk_boodts" <etrader@xxxxxxxxxx>]

The Peak/trough indicator is very interesting but as you all know, 
one should avoid it when using in a system because it's hindsight.

Although, I tought that Peak(1,C,5) must work (trustful) once the 
stock declined enough from that peak en rises again. With other 
words, once the trough(1,C,5) is made, then the Peak(1,C,5) can be 
used in a system, no..?

I tried and yes indeed, once the close is back at the peak level it 
means that the stock made a low and the peak will not change anymore.
(am I correct?)

THE PROBLEM tough is that in realtime after giving a signal -for 
example: C > Peak(1,C,5)  -  the next bar closes beyond the Peak and 
the signal is gone.  If the next bar is closer higher, the signal 
stays valid and we have a good signal.

Any comments?  How can we solve the problem that the signal doesn't 
dissapear the next bar?


rgds






 
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