Books Overview
You must have a strict set of standards for when you should not be ahead of a trend. Runaway market circumstances need the employment of a different trading approach, since you will not experience the pullbacks that you are accustomed to in countertrend swing trading. The Keltner Channels indicator will detect runaway markets generated by a big standard deviation move or momentum surge. As a result, they can alert you to unusual volatility situations far earlier than an ADX, which has a longer lag. They will not, however, capture the slow, creeping trend market that an ADX will indicate.
The content of this book includes:
Keltner Channels
Adx
Baby Grail
Street Smarts
The Crowd Has a Mental Breaking Point
Wait for the Flush and Squeeze
Omega TradeStation Code for Keltner Channels
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