I just created a thread to break this tabu.
The understanding of indicators in general totally wrong.
There are pretty pretty much advanced and leading indicators if you know how to look at them.
I can say , Every price action method that you trade out of gamble can calculated to give you approximation.
Finding correct way is hardester. I had a mentor(s) and some skilled people to learn how they do it to replicate the process...
One day when i work at hotel receptionist i met with one man that came to the hotel with his group of students.
He did explained me what kind of indicators they created for Banks with group of people on HFT tech.
Some of them can go complex
but simple ones efficient as complex ones.
The problem begins where you should realize its not about the indicator. However RSI , Moving averages and even Pivots are very strong indicators..
The way you use it is the main question mark.. It did take 3 years day & night to get my AHA point..
No matter how many tools or indicators you have if you don't know how to use them they will not help you.
The understanding of indicators in general totally wrong.
There are pretty pretty much advanced and leading indicators if you know how to look at them.
I can say , Every price action method that you trade out of gamble can calculated to give you approximation.
Finding correct way is hardester. I had a mentor(s) and some skilled people to learn how they do it to replicate the process...
One day when i work at hotel receptionist i met with one man that came to the hotel with his group of students.
He did explained me what kind of indicators they created for Banks with group of people on HFT tech.
Some of them can go complex
but simple ones efficient as complex ones.
The problem begins where you should realize its not about the indicator. However RSI , Moving averages and even Pivots are very strong indicators..
The way you use it is the main question mark.. It did take 3 years day & night to get my AHA point..
No matter how many tools or indicators you have if you don't know how to use them they will not help you.
I will not beg anyone to make money for them
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