Saturday, November 23, 2013

Bradley Indicator 2014

Following is a daily chart showing 3 versions of the Bradley indicator. If you are don't know what the Bradley indicator is use Google or Bing.

From my own work I find it inconsistent but sometimes works. Therefore use it as a possible confirmation of a turn where you have other tools (cycles etc.) anticipating a change in trend.

The indicator does NOT show market direction. It's intent is to show when the market trend changes.

Red - the original Bradley

Green - Shramenko updated Bradley

Blue - Heliocentric Bradley.




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