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Thread: Objective ways to define a trend day before the trend has run its course??
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Old 01-29-2008, 09:06 AM
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Re: Objective ways to define a trend day before the trend has run its course??
Quote:
Soultrader
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bertq,

Take a look at this video regarding TICKS I created.
cool vid James.
Have you ever tried cummulative tick in esignal? I've been thinking about giving esignal a go just to try it out if I can't get it going in Ninja.

http://traderfeed.blogspot.com/2008/...-trending.html

Funny Crabel was mentioned as I'm just starting to try to integrate an ORB type strategy into my trading for this very reason. I don't think its very realistic to expect to be able to predict a trend day with much accuracy before hand. I think focusing on tools that have to do with the opening range/intial balance is probly a better way to go.
The only other market generated information at hand would be how the high of the day is violated. You also have to figure different types of trend days. Yesterday was pretty trendy but more in the sense of auctioning to higher and higher balance areas. The open test reverse during the IB with really strong positive TICK was probly a good clue, but still only a clue.

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