OmniTrader Forum OmniTrader Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


This message cannot be deleted. It is the first message of the thread.
Administrators or moderators may choose to delete the entire thread


 
DaleCraw

Member

Posts: 6

Joined: 1/6/2005
Location: Erie, Pa

User Profile
 
Subject : Misfire of Trendline Reversal
Posted : 4/30/2008 8:22 AM
Post #14515

Hey there!

I am noticing something in my OT 2006. The generated trendline signals are misfiring.

If you notice the chart I have included for MRO, there is a trendline reversal signal (5+) on April 25th, as noted with the red dot. The ACTUAL reversal was back on April 22nd, with the break thru $48.50. How can I get the signal to fire faster when the actual break occurs, rather than missing the move when it fires slower at a later date?

Also notice the misfired signal back on 4/4, when the actual break of the downward trendline came on 4/2 (green dot).
Attached file : MRO T_L.jpg (89KB - 554 downloads)

Deleting message 14515 : Misfire of Trendline Reversal


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.