Trendiness Measure

This indicator measures the tendency of a security to trend. It does so by calculating a moving average then counting the number of times that moving average crosses the close price in the previous N-bars. The fewer crossovers the more evidence that the stock or security is trending. A high number of crossovers mean that the stock is in a congestion phase.

This trading indicator can be very useful in a trend following system to detect potential candidates.

Example of a trend following system:

sm = sma(100);
rule1 = close > sm;
rule2 = trending(100) == 0;
buy = rule1 and rule2;


The above system simply checks for stocks that were trending during the previous 100 bar (not a single crossover between the security and the simple moving average in the past 100 bars) and enters them long if the price is above the 100-bar moving average.

This function can also be used to detect congestion phases (high value returned by the trending function).
You can for example rank securities by the number of crossovers and then buy the ones that are making a new high.

Example:
rule1 = close == hhv(close, 100);
SetSimLongRank(trending(100));
buy = rule1;

Technical Analysis

• Chaikin Money Flow Indicator
• RSI3 Box v001b 2014-02-14
• Lane Stochastic Oscillator
• Per Trade SQN100
• EOD Quotes Data for Hong Kong Stocks and ETFs
• Moving Average Convergence/Divergence with Exponential Moving Average
• Stocks at All Time Highs/Lows
• Trend Deviation Indicator
• Translation into Binary Buy/Sell
• New Darvas Box - Darly Guppy
• More trading objects...

Fundamental Analysis

• Commitments of Traders
• Stock Grade - Fundamental Analysis
• ETF Data: NAV - PE- Fees - Assets - Yield - Beta
• Historical Jobless Rate
• Ratio of Stocks Outperforming/Underperforming Their Industry
• Insider Trading Data
• Yahoo Historical Buy/Sell Recommendations
• Market cap, ROE, ROA and Forward PE for U.S. Stocks - Fundamental Data from Yahoo
• NSX - Daily short selling data
• AAII Sentiment Survey - Historical Data
• More trading objects...