In Search Of The Best Trend by Perry J. Kaufman
There are so many ways to measure trends that it becomes difficult to identify which one to use. Here we compare five systems that each use a different method of determining trend, and we analyze the results to see which ones top the list.
Most of us who have been developing systems and trading for some time know the trend is a critical part of any success story, specifically macrotrends that track interest rate policy and its impact on other sectors. Our objective here is to find which trend method works best. To do that, we need to set some ground rules; otherwise, this task can quickly become unmanageably large ...