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Traders' Tips | JUN 2000
Traders' Tips
TRADERS' TIPS Here is this month's selection of Traders' Tips, contributed by various developers of technical analysis software to help readers more easily implement some of the strategies presented. Internet users will find these and some previous Traders' Tips on our home page at http://www.Traders .com. OMEGA RESEARCH EASYLANGUAGE In Traders' Tips this month, we take a look at the trend- following system and its accompanying indicators as presented in ""How To Get In With The Trend And Out At The End"" by Bryan Strain in this issue. A set of three indicators are used, and each contributes a criterion for entering the market. For the record, when I implemented this trend-following strategy in EasyLanguage, not all of my entries and exits coincided with those presented in the article. Here is the EasyLanguage code for the three indicators that were described in the article, as well as the EasyLanguage code for the signal that is used to create the trading strategy. The indicators and the trading strategy are fairly straightforward. The properties for each indicator are presented after the EasyLanguage. The first indicator presented is the tether line indicator.
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