in dare need of trend reversals indicator

[[Deleted]]

pls.could anybody out help me.i am designing an EA and in dare of need of early reversals trend indicators.i would be grateful and be beneficial to us all.thanks.email to [e-mail]

[Brian Dee - Random Trader]

Consider something that will show divergence, i.e. CCI or RSI dropping while price creeps higher - just before a big drop

As with all oscillators, they wag about quite alot - this can be tamed by using moving averages

For an example of CCI breaking below its moving average before the major drop see the SFX_MA_On_CCI here

Also try the SFX MCL indicator from the same place

Good Luck

-BB-

[[Deleted]]

agbagold:

Try looking for when the parabolic Sar change from below candlesticks to above candles sticks (or vise versa). The ADX losing power is also a pretty good one.

[Brian Dee - Random Trader]

> PSAR... and ADX

Agreed these are both classic indicators for manual trading, but both can lag quite badly

In particular, PSAR was developed for moving stops, not signalling trend start/end

You can get a kind of divergence signal from ADX, but it is nowhere near as crisp as from some other oscillators like CCI, RSI, Momentum & DPO

FWIW

-BB-