I wanted to share the results of study I did. Going only by the rule that green is bullish, red bearish and yellow neutral I judged the results of each day from Clayburgs Directional Day Filter "DDF" .
I have 20 days in all. Clayburg says it is 75% accurate... lets see.
There are 20 days and 5 wrong calls and 15 correct calls for the days trend bias. So he's right. It's good odds!
I wrote this study for TOS and it is available on Share-TOS.
So lets see how the SPX fares
Wow, 3 wrong calls out of 20!
I can live with that.
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.