Home > Articles > Volume 34 (2016) > Chapter 12 (December 2016) > Stocks & Commodities V. 34:12 (7): Letters to S&C by Technical Analysis, Inc.

Stocks & Commodities V. 34:12 (7): Letters to S&C by Technical Analysis, Inc.

Stocks & Commodities V. 34:12 (7): Letters to S&C by Technical Analysis, Inc.
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Letters to S&C by Technical Analysis, Inc.

KAUFMAN EFFICIENCY RATIO

Editor,
I was very pleased to see the efficiency ratio (ER) included in Markos Katsanos’ October 2016 article, “Which Trend In-dicator Wins?” and also gratified that it ranked well in performance. Katsanos’ approach was very consistent in the way he defined the rules, sensible, and quite different from the way I have used ER to define a trend, that is, as a variable for the exponential smoothing factor ...




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