Thank you so much for letting this forum. It seems like it is full of knowledgeable and experienced trader/programmers and I’m so glad I found you all.
For a year and a half now my brother in law and I have been on our own battling with all the usual problems like how to detect acutely flat and trending markets etc. only to find that many that these problems have been already solved, here!!
Whilst, our ideas closely emulate techniques being used here, they weren’t as elegantly presented.
However, there are a few things which I’d like further ideas on how to resolve. Hopefully, someone can point me in the right direction or give me some alternative ideas.
These are the things we’ve been struggling with; some are really problems other as due to me losing confidence in my mathematics capability:
- * Indicator bounce, how to eliminate this among with their false positives?
* How to calculate the angle between a fast and slow moving average? We’ve been using simple moving averages but I see people favour TMAs as they are smoother.
* For the same reason people seem to prefer a TMA over a simple ma (as previously mentioned as it is smoothed), is there an indicator where the Bollinger bands are smoothed? One of our problems is detecting the slope of the Bollinger bands that vary too much in order to define their tendency. If not, what would the formula be for me to create one?
* How to calculate the slope of the moving averages in such a way that It is consistent and we can define various static levels for different stages of trend evolution therefore being able apply different position exit strategies and adding to positions.
* How to calculate the angle of interception between a projected fast moving average and a projected upper or lower Bollinger band (smoothed)? Projections being based on averages of previous x values from the start of the movement (slope change of fast moving average from negative to positive for a buy position).
imamushroom