Open jayMcBee opened 4 years ago
An indicator suggested by John Ehler ("Correlation As A Trend Indicator", S&C May 2020 issue):
The ideal trend curve is a straight upwards line, the CTI just measures the correlation of the price curve with this ideal trend line.
References: http://www2.wealth-lab.com/WL5Wiki/TASCMay2020.ashx https://financial-hacker.com/petra-on-programming-a-unique-trend-indicator/
An indicator suggested by John Ehler ("Correlation As A Trend Indicator", S&C May 2020 issue):
The ideal trend curve is a straight upwards line, the CTI just measures the correlation of the price curve with this ideal trend line.
References: http://www2.wealth-lab.com/WL5Wiki/TASCMay2020.ashx https://financial-hacker.com/petra-on-programming-a-unique-trend-indicator/