Hey codemuncher,
Dont mean to have a go at you but I find that good's critique is to an extent justified.
What is it that you are trying to prove with your indicator? That BRV's method works?
We know that allready and him as well as others are showing us how to do it.
Using an indicator that tells us where S/R is and potential reversal points seems a bit pointless if you can learn to identify S/R yourself, which is btw the very core part of this method.
If I was to use your indicator and it lets me me down at some point as it surely will since there are no perfect indicators I would not understand why because I have not learned its mechanics and how to interpret it.
I personally have followed this thread because BRV does not use indicators and his method is successful.
So why are you introducing your indicator?
Unless I am overlooking something I fail to see the added value because its allready proven that BRV method works without it.
Dont mean to have a go at you but I find that good's critique is to an extent justified.
What is it that you are trying to prove with your indicator? That BRV's method works?
We know that allready and him as well as others are showing us how to do it.
Using an indicator that tells us where S/R is and potential reversal points seems a bit pointless if you can learn to identify S/R yourself, which is btw the very core part of this method.
If I was to use your indicator and it lets me me down at some point as it surely will since there are no perfect indicators I would not understand why because I have not learned its mechanics and how to interpret it.
I personally have followed this thread because BRV does not use indicators and his method is successful.
So why are you introducing your indicator?
Unless I am overlooking something I fail to see the added value because its allready proven that BRV method works without it.
Be like a post stamp! Stick to it until you get there!