Adsense Leaderboard

Sunday, November 8, 2009

Optimised Trend Volatility Line (OTVL)

I attended that Gold & Forex Masterclass 2009 yesterday. The speakers were very good and provided a wealth of information. Kudos to NextVIEW for putting the class together.

One of the interesting new concepts (it might have been around for awhile, but it was certainly new to me) was the use of the Trend Volatility Line (TVL) by Daryl Guppy for trade management (i.e. shifting of your stop loss).

Daryl didn't go extensively into the TVL, but since he is teaching it in his DVDs, I don't think it is appropriate for me to elaborate too much. So what I did was, google to see what information was publicly available, and found a nice little write up on the Optimised Trend Volatility Line (OTVL). Enjoy!