stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Whats the basic structure of a trend following system
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3411		 Page 1 of 1
Author:  mrmagic [ Sat Jan 25, 2014 6:35 pm ]
Post subject:  Whats the basic structure of a trend following system
Hello guys,

I have read a lot about trend following systems. As we all know trend following systems do not try to predict sth. Basically we try to come up with good indicators what worked excellent in the past and hope this trend will come again.

However, I was wondering if there is a generic structure in trend following systems? How does such, in your opinion, look like? What would you put into such a system, if you would create one?

Any good systems to recommend about trend following?

I really appreciate your answer!
Author:  garyfritz [ Mon Jan 27, 2014 2:17 am ]
Post subject:  Re: Whats the basic structure of a trend following system
There is no general method of detecting trend changes. There are dozens/hundreds of ways of doing it.

One simple example is the basic breakout system, similar to the one used by the Turtle traders:
Buy when price exceeds MAX(High,LongLength)
Exit long when price drops below MIN(Low,ShortLength)
Short when price drops below MIN(Low,LongLength)
Exit short when price exceeds MAX(High,ShortLength)

The trick is finding a system that doesn't get thrashed to death in sideways markets. Most markets spend most of their time wandering sideways, and those trendless periods can nibble away all the profit you get from the trend moves, and more.
Author:  Xtrade [ Thu Jan 30, 2014 1:34 pm ]
Post subject:  Re: Whats the basic structure of a trend following system
mrmagic ยป Sat Jan 25, 2014 6:35 pm wrote:Hello guys,

I have read a lot about trend following systems. As we all know trend following systems do not try to predict sth. Basically we try to come up with good indicators what worked excellent in the past and hope this trend will come again.

However, I was wondering if there is a generic structure in trend following systems? How does such, in your opinion, look like? What would you put into such a system, if you would create one?

Any good systems to recommend about trend following?

I really appreciate your answer!
You have read a lot of it and where to start , Elliott wave is a good start . Wolf wave is simple , crap and fly harmonic pattren is fun , trading 123 is the oldest . Now take your pick which one is good as you can see for your self .
All times are UTC Page 1 of 1

Powered by phpBB® Forum Software © phpBB Limited