DislikedThanks for your suggestion. I will give it a try. PRICE RULES!!, but I need visual aids that I can compare across several time frames - hence my interest in indicators. Right now I judge trend with HA candles, my 3 MAs and DMI particularly on the Daily and 4Hr charts. I want to see price leading the MAs and DMI confirming. Then DSS Bressert for trade signals after a cross in OB/OS zones. DMI convergence and for sure a cross seems to work pretty well for intermediate trend change warnings. Have you looked at Ichimoku Clouds by any chance? Perhaps...Ignored
Any successful trader will tell you this.
Also simple is better. The simpler the better. Because market conditions change so much, a simple system is more easily able to adapt to the changing conditions. The more parameters needed for a system to trade the less it's able to adapt to changes in the market.
Yup. Money management!!
Even a mediocre system can be a winner with good money management.
Probability is basic factor. All a system needs is slight edge in probability.