for TS users -- have not tried it yet but if you go to Trading
Alchemy they have a crossover strategy that includes filters for
MACD, RSI and few other indicators. Might be able to adjust
settings to filter out some chop. I'm thinking its worth a
try........
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Maybe use ATR setting in
Mechanical Systems
Posted by oreo on 23rd of Oct 2009 at 07:04 pm
Maybe use ATR setting in a 60 min. chart and don't trade them when the ATR falls below like .2
I have not tested it but it makes sense that you would'nt want to trade it when it's ATR is low and therefore not trending or making big moves?
MECHANICAL SYSTEM FILTERS
Posted by Michael on 23rd of Oct 2009 at 07:21 pm
for TS users -- have not tried it yet but if you go to Trading Alchemy they have a crossover strategy that includes filters for MACD, RSI and few other indicators. Might be able to adjust settings to filter out some chop. I'm thinking its worth a try........