Or what trading system you use ? just curious
COT: The precious data ignored
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Disliked{quote} so why are you not using it? in case you are interestd: the AO is nothing else than the delta of a 34 moving average and a 5 moving average calculated on the median price.Ignored
Disliked{quote} It has been working earlier because price of GU (on the 1mn tf) has been smooth, steady move... But look now, same strategy would make you lose so farIgnored
Disliked{quote} yes agreed but i was hoping Moty would see that The AO is a Bill WIlliams indicator. 5/34 MA crosses. It is meant to be used with other Bill Williams indicators like his 5 bar fractalIgnored
Disliked{quote} He will sooner or later And i like Williams indicator, WPR is the best to meIgnored
Disliked{quote} hmmm i will look at that one. I went through an indicator fase years ago and then came to the conclusion that every indicator is just a delayed reaction to what price is doing. I threw out all the indicators and just started looking at price. Sometimes its tough but in the end i think its the best way to trade. Just price action. but to each his/her own. If it works use it ! but if its clearly not working get rid of it lolIgnored
Disliked{quote} Its very true, price is telling you what to do first But WPR applied directly on chart (aka coloring candles) is working nicely. But as you said "to each his/her own", as long as it worksIgnored
Disliked{quote} yes agreed but i was hoping Moty would see that The AO is a Bill WIlliams indicator. 5/34 MA crosses. It is meant to be used with other Bill Williams indicators like his 5 bar fractalIgnored
Disliked{quote} hmmm i will look at that one. I went through an indicator fase years ago and then came to the conclusion that every indicator is just a delayed reaction to what price is doing. I threw out all the indicators and just started looking at price. Sometimes its tough but in the end i think its the best way to trade. Just price action. but to each his/her own. If it works use it ! but if its clearly not working get rid of it lolIgnored
Disliked{quote} I already pointed at 1.19 area in my previous post but a close today above 1.2250 will invalidate 1.19 this week.Ignored