Hi all.
A trader asked me how one might look at the cog indi and derive a signal or info from it that was useful with the stochastic as a confirm.
Since it is a regression indi it fools a lot of traders but there is some useful info that you can use with other techniques to get market insight.
I marked up the following charts just to get across some ways to start looking at it.
I am not developing anything further from it, but thought it may help other traders.
If you do not have a cog indi, you can get them from the mt4 codebase or the ones on chart are at the Brooky site
cheers
Brooky
A trader asked me how one might look at the cog indi and derive a signal or info from it that was useful with the stochastic as a confirm.
Since it is a regression indi it fools a lot of traders but there is some useful info that you can use with other techniques to get market insight.
I marked up the following charts just to get across some ways to start looking at it.
I am not developing anything further from it, but thought it may help other traders.
If you do not have a cog indi, you can get them from the mt4 codebase or the ones on chart are at the Brooky site
cheers
Brooky