Thanks for your efforts and elaborate pdf.
In this statement, from page 2, I believe it means that backtesting, using the 'Cloud', may not be accurate.
" When you see displacement of EMAs lines (Cloud) and other lines in RSI oscillator (for example at a specific time it was on resistance zone but after a few hours you see that in middle zone), it's not called repainting! but it means that price broke the support/resistance zone or in other words support/resistance zone didn't hold price."
Am I correct in assuming this?
Thanks,
Darryl
In this statement, from page 2, I believe it means that backtesting, using the 'Cloud', may not be accurate.
" When you see displacement of EMAs lines (Cloud) and other lines in RSI oscillator (for example at a specific time it was on resistance zone but after a few hours you see that in middle zone), it's not called repainting! but it means that price broke the support/resistance zone or in other words support/resistance zone didn't hold price."
Am I correct in assuming this?
Thanks,
Darryl
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