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Mel

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Posts: 235

Joined: 3/18/2006

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Subject : Correlation angle System
Posted : 6/1/2020 11:03 AM
Post #31144
I have turned the correlation angle indicator into a system. You can generate signals form zero line crossing (cycle mode signals) or you can generate start of trend signals, or both, depending on the parameter.

You need to set the period to shorter than the dominant cycle period to get anticipatory signals, a bar or two in advance, eliminating the lag that most cycle trades have. The 14 bar default works well at lea up to a 20 bar domcyc. This is on of the best ways to get start of trend signals I've seen. Not as much lag when you are signaling failure of cycle mode instead of waiting for trend mode to be apparent.
Attached file : eCorrelationAngleSys.txt (3KB - 363 downloads)

Deleting message 31144 : Correlation angle System


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