Re: What's on the list of Independent Indicators

[alex@xxxxxxxxxxxxxx (Alex Matulich)]

Steven Buss wrote:

>It would be interesting to discuss what a list of truly independent
>indicators would contain.

I agree.

>The list starts with the ones that Alex notes below:
>
>-  ATR
>-  moving average

Actually ATR would be in a classs of range indicators, including TR,
ATR, standard deviation of TR, and possibly multi-bar range indicators
like Williams %R.

>Additional ones include:
>
>-  bars since highest high | lowest low (Chande's Aroon)
>-  trend strength (e.g., Wilder ADX, Chande's Ravi, Jurik's CFB?)

I would add cycle analysis.

-Alex