July 2008 Stocks & Commodities ("Leader of MACD")

[Elliott Wave]

Leader of MACD (http://traders.com/Documentation/FEEDbk_docs/Abstracts_new/Siligardos/siligardos.html)
www.ninjatrader.com/SC/July2008SC.zip (http://www.ninjatrader.com/SC/July2008SC.zip)

http://traders.com/Documentation/FEEDbk_docs/TradersTips/TTFIG18.gif

This is a different version from a month ago.
http://www.ninjatrader-support.com/vb/local_links.php?action=jump&id=114&catid=1

[randyjb]

Just out of curiosity, EW.. how is this one different from the one a month or so ago? Also.. the ninjatrader.com link comes up with a site not found page (in German).

Best Regards,
Randy

[Elliott Wave]

Thanks, I fixed the link : )

This one is different because it it just the 'leader' by itself, whereas the other one is the leader combined with the MACD.

I'm still playing around with it, but it looks to be useful. the leader seems to track the price quite well, while being fairly smooth. A very simple strategy of buying when the leader is rising and selling when the leader is falling, is surprisingly effective and with the addition of some other trade filters could make a decent strategy...