Hello,
I am new this forum, I have read all the Vegas Documents and also just about every message on ForexFactory's forums. My eyes are bloodshot; I haven't slept well for a week, because it has all been so interesting.
I do have a question though. In the Vegas II documents, Vegas tells us to rely more on the Black dot trend, and I see from HeavyJ's excellent research that there are certainly correlations with how far price will move when the Weekly trend agrees and disagrees with the Black dot Trends.
Am I correct in my understanding that making a momentum indicator from the 21EMA(median) and 5 MA(median), then plotting the difference between these averages is a good way to visually represents these trend changes? Or is this too simplistic an approach for the graphic representation of the weekly trend changes?
Any help on this would be greatly appreciated. Thanks SMJones
I am new this forum, I have read all the Vegas Documents and also just about every message on ForexFactory's forums. My eyes are bloodshot; I haven't slept well for a week, because it has all been so interesting.
I do have a question though. In the Vegas II documents, Vegas tells us to rely more on the Black dot trend, and I see from HeavyJ's excellent research that there are certainly correlations with how far price will move when the Weekly trend agrees and disagrees with the Black dot Trends.
Am I correct in my understanding that making a momentum indicator from the 21EMA(median) and 5 MA(median), then plotting the difference between these averages is a good way to visually represents these trend changes? Or is this too simplistic an approach for the graphic representation of the weekly trend changes?
Any help on this would be greatly appreciated. Thanks SMJones