DislikedStrat,
I'm finding your thread immensely rewarding!
You often refer to "momentum" being up, down etc.
What do you use to determine momentum?
RDIgnored
It has changed to DOWN on USDCHF but I'm waiting to see if USDCHF prices follow it - this will be the first big test.
Looking back in history it works very well but there again I can program anything to look good in history.
It isn't any Meta 4 indicator or the usual "momentum" history indicators such as CCI, MACD, RSI, Momentum etc., - I think my opinions on those and others like them are pretty clear now - if not, let me know - I love telling my horror stories.
I have also developed a Momentum Trading System which is so simple and profitable it is almost unbelieveable - that really does make trading boring! I'm waiting for a certain person to test it on shorter time frames for me - I can't do it because I get screwed up on anything less than the Daily.
Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!