Hey all team, well its a brand new week and many pips to be made across the board.
Well during my inebriated state on Saturday night, I started knocking around with some charts and numbers and found something very interesting. Now honestly Im too lazy to check too much into it, but I wonder if any one else has also seen this.
Have a look at the chart below. Forget all the indies except the Williams Percentage with an RSI overlayed (blue line). Williams % settings are 12 and RSI is 9.
This is a 15 min GBP/JPY chart. Look at where the Williams and RSI cross (now I know all you PA geeks are going to say indies are lagging, and I agree, but these two indies are pretty much the best of the bunch). Basically when the two cross, is the optimum time to get into a trade.. Obviously exits are your own preference, but the entries are pretty good.
What Im wanting to know is if there is a system already out there using this, and if so help out please....or if I'm talking out my proverbial and probably a little hungover from the weekend...lol
Well during my inebriated state on Saturday night, I started knocking around with some charts and numbers and found something very interesting. Now honestly Im too lazy to check too much into it, but I wonder if any one else has also seen this.
Have a look at the chart below. Forget all the indies except the Williams Percentage with an RSI overlayed (blue line). Williams % settings are 12 and RSI is 9.
This is a 15 min GBP/JPY chart. Look at where the Williams and RSI cross (now I know all you PA geeks are going to say indies are lagging, and I agree, but these two indies are pretty much the best of the bunch). Basically when the two cross, is the optimum time to get into a trade.. Obviously exits are your own preference, but the entries are pretty good.
What Im wanting to know is if there is a system already out there using this, and if so help out please....or if I'm talking out my proverbial and probably a little hungover from the weekend...lol