If you are a trend trader your best profits will come by trading markets and securities that have a tendency to move in strong price trends. A key goal then is determining the “expected trend strength” or “trendiness” of a security. You must...
As an example, we will show how a simple yet effective correlation trading model can be built in Excel with free data and some basic statistical formulas. The idea here is to compare two closely related stocks of similar size and volatility in the same industry,...
Once you have your trading rules set up and you have coded them to display in your Excel trading model spreadsheet, you can simply enter the orders manually with your broker. This is the simplest and most reliable method, and works well when you only need to send a...