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Hi Tim:
How about Wilder's ADX indicator? Chuck LeBeau had kindly suggested that
to me a number of months ago.
Regards,
Wong
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At 05:56 PM 12/06/99 +1100, Tim McCaughey wrote:
>...I am attempting to define a trend in the following terms. If a market
has 12
>consecutive closes above/below the trailing close of 24 days ago, the trend
>is in place. The trend is in place until the close is below/above the
>trailing 24 day close.
>
>I am using this method to determine which markets have been the trendiest in
>the past and define that in a total amount of days.
>
>If anybody has another method to define a trend I would love to hear it.
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