Hi,
I'm new to eSignal and .efs so please bear with me if this is a very simple question. I am trying to program (my first) strategy that says only buy when the MA is up and only sell when the MA is down. But ...
How do I determine the direction of a trend and it's strength?
Using various examples I have worked out how to plot a MA and I can work out whether it is higher or lower than a price or another MA. However, how do I determine if an MA is heading up or down, and also the stregth of its move, measured either by absolute change or percentage change?
Any help would be greatly appreciated.
Thanks
mmillar
I'm new to eSignal and .efs so please bear with me if this is a very simple question. I am trying to program (my first) strategy that says only buy when the MA is up and only sell when the MA is down. But ...
How do I determine the direction of a trend and it's strength?
Using various examples I have worked out how to plot a MA and I can work out whether it is higher or lower than a price or another MA. However, how do I determine if an MA is heading up or down, and also the stregth of its move, measured either by absolute change or percentage change?
Any help would be greatly appreciated.
Thanks
mmillar
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