Disliked{quote} Great work! Will look into it but don't seem to get the rules yet. What I mean is this: from the recent rules on page 1 does it mean that when conditions 1 & 2 are met whatever price is doing at that time is FAKE. Please explain. Thanks Once again.Ignored
My take from the provided literature is that - yes, if the conditions are met then price at that time is fake.
However, just like any other indicator - doesn't always work. So we need to build a trading system that complements this indicator.
The literature states that the quality of signals provided by CDI are more reliable than RSI. I am not sure how that analysis was done, as CDI and RSI measure different things.