ARTICLE SYNOPSIS ...Hines ratio by Ray Hines In 1982, I found the best way to design an indicator that stays with a trend until it has run its course is to isolate the factors that correlate highest with the price trend and monitor their intensity. The relative intensity of correlating factors is the primary influence on price behavior and overcomes the weakness of ""fixed"" trend indicators that contain the analyst's preconception of what length a trend should be. This result forced me to become an even bigger fan of investor emotion and the monetary areas because of their powerful influence on price behavior...