ARTICLE SYNOPSIS...A statistical approach for finding persistent cycles also works to find trends.
ARTICLE SYNOPSIS...SIDEBAR: BUILDING A RANDOM WALK INDEX by Technical Analysis, Inc. Instructions on creating a random walk index.
ARTICLE SYNOPSIS...SIDEBAR: RANDOM WALK INDEX SPREADSHEET by Thom Hartle, Editor Sidebar Figure 1 is a bar chart with 10 days of simulated data; today's current high and low are plotted as if the market is still trading. The random walk index of the lows can measure if to
ARTICLE SYNOPSIS...Random Walk Index Spreadsheet by Technical Analysis, Inc. Random Walk index spreadsheet.
ARTICLE SYNOPSIS...THE RANDOM WALK INDEX The channel height ratio to one day figures given show a consistent excess beyond the square root column. This excess indicates the presence of trends and hints how to create a trend ""yardstick."" If no trends were present, the ra