Trendideks
Trendideks are a class of quantitative indicators designed to quantify and forecast market trend direction by integrating multiple trend measures across different time horizons into a single composite score. They combine momentum, mean-reversion, and trendline information to produce a directional signal.
Construction of Trendideks involves computing short-, medium-, and long-horizon trend components, such as short-term moving averages,
Interpretation and use: A positive Trendidek indicates an uptrend with increasing momentum, while a negative value
History and scope: The term Trendideks emerged in online forecasting discussions in the early 2010s and has
Limitations and debate: Like other trend indicators, Trendideks are subject to parameter sensitivity, overfitting, and lag.