Stocks & Commodities V. 23:11 (75-83, 95): Traders’ Tips by Technical Analysis, Inc.
Here is this month’s selection of Traders’ Tips, contributed by various developers of technical analysis software, all to help readers more easily implement some of the strategies presented in this issue.
In his article, “Improve Your Trading System With Speed,” Gomu Vetrivel presents an indicator called speed. He defines speed as the absolute value of the difference between two closing prices. Vetrivel presents the results of tests he conducted to attempt to determine whether speed can be used to improve the performance of a system, the entries of which are
based on moving average crossovers.
In the first test presented by Vetrivel, every crossover
signal is traded. In the second, only crossovers with increasing speed are taken. In the third test, only crossovers with decreasing speed are taken. Vetrivel’s article already contains code written for TradeStation 2000i. In addition, Traders' Tips provides code for TradeStation, Wealth-Lab, AmiBroker, eSignal, NeueoShell Trader, Investor/RT, NeoTicker, TradingSolutions, MetaStock, TechniFilter Plus, BioComp, and Financial Data Calculator.