V. 20:6 (32-35): Trend Intensity Index by M.H. Pee
Product Description
Trend Intensity Index by M.H. Pee
How strong is the trend? Find out using this index.
In my previous article I discussed the trend detection index (TDI) and showed its ability to signal the beginning of trends. In this article, I will describe another new indicator, the trend intensity index (TII), which is used to indicate the strength of a current trend in the market. The stronger the current trend, the more likely the market will continue moving in its current direction instead of changing course. It is during a strong trend that you should enter the market and ride along until the TII shows signs of an imminent reversal. When this happens, you should abandon your positions and prepare to place a trade in the opposite direction.
How strong is the trend? Find out using this index.
In my previous article I discussed the trend detection index (TDI) and showed its ability to signal the beginning of trends. In this article, I will describe another new indicator, the trend intensity index (TII), which is used to indicate the strength of a current trend in the market. The stronger the current trend, the more likely the market will continue moving in its current direction instead of changing course. It is during a strong trend that you should enter the market and ride along until the TII shows signs of an imminent reversal. When this happens, you should abandon your positions and prepare to place a trade in the opposite direction.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |