DislikedNot only in your experience.
Mechanical systems are destined to fail in the long run because they doesn't "adapt" to the market's changes. Charles darwin once said “It is not the strongest of species that survive, nor the most intelligent, but the one most responsive to change.”
However, i'm keeping an eye on gold (note the macd div):Ignored
R3ta
You are right as most systems and methods fail over time. This will probably be no different , everything works great until it doesn't . Perhaps I will trade it until it is no longer valid .
It is funny that I have never come across this method before in the last 5 years and only happen to review it by accident. My guess it that it is SO BASIC that people ignore because it looks to easy ....There are no fancy indicators needed like MACD , RSI or anything like that which I think is why no one uses it.
Think about it people back in the 50's and 60's made money trading and did not have computers and all these indicators to use so how were they successful?? by keeping it simple ! Thats how
As many of the people in here preach to Keep it simple......in the case of this method ... LESS = MORE
"Greed is good,greed is right,greed works"