DislikedAfter forward testing the goldminer indicator - I came to the conclusion that it is completely useless on lower timeframes.
See attached screenshot.
Where the red arrow is - this is where the first blue bar on goldminer appeared. On the next bar opening - the area I marked with vertical lines(6bars) - all the 6 red bars changed to blue.
So this indi can not be used when backtesting at all and does not perform well when forward testing. Giving late entries.
I will forward test HMA together with the RSI indicator. If both agree - I will enter a...Ignored