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 The Fear and Greed Indicator : a new Weapon in my Arsenal ?

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Sauros



Posts: 490
Join date: 2009-05-14
Age: 37
Location: London

PostSubject: The Fear and Greed Indicator : a new Weapon in my Arsenal ?   Thu Aug 19, 2010 2:30 pm

As it's probably not the most exciting week of the year in terms of trading, it may be the time to write a post about some TA (stands for Technical Analysis and not Tits and Ass as suggested Batman in our weekly discussions, anyway it's always time for the latter isn't it?). If you're crazy enough or have some too much time to waste to follow my blog (and if you do, thanks again!), you know how the ATR or Average True Range is important in my trading. The True Range is merely the difference between the high and the low, corrected with the opening gaps (if any, for instance for FX pairs, it's just high-low) and the ATR is the moving average of the True Range on the given period.

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Batman



Posts: 785
Join date: 2009-08-06
Age: 23
Location: NYC

PostSubject: Re: The Fear and Greed Indicator : a new Weapon in my Arsenal ?   Thu Aug 19, 2010 9:03 pm

cool stuff. Now, if only I could afford a BloombergTerminal
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Sauros



Posts: 490
Join date: 2009-05-14
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PostSubject: Re: The Fear and Greed Indicator : a new Weapon in my Arsenal ?   Fri Aug 20, 2010 9:23 am

Batman wrote:
cool stuff. Now, if only I could afford a BloombergTerminal


Actually, it's the difference between 2 ATRs with different "speeds" and that can be computed pretty easily.
Let's see first if it works...
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The Fear and Greed Indicator : a new Weapon in my Arsenal ?

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