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People avoid looking for good exits because exits do not give them control over the market. However, exits do control something. They control whether you make a profit or a loss, and they control just how big that profit or loss will be. Since they do so much, perhaps they are worthy of a lot more study on the part of most people.
Van K. Tharp
 
 
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Instantaneous Trend Line

Software: TradeStation
Formula type: indicator

Added: 2008-06-06 | Page views: 1041

Author:John Ehlers



Description

Ehlers uses a two-mode market model: trending or cycling. By removing the dominant cycle from the price data, the remaining information is mostly about trend. Here is the EasyLanguage Code to plot Instantaneous Trend Line....

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Code

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