The difference is we only care about movement. Broad movement. We don't care about direction, pullbacks, price spikes, it's all good. Those are some of the things that make trading with the trend difficult.
Of course there are no rules that control the markets based on indicators, they are hopefully only increasing our probability of catching movement... but alas, they may be birds of a reddish color after all.
If the cynics out there don't like the filters or mitigation strategies, you, uh I mean they, can leave them turned off. :-))
Viper
Of course there are no rules that control the markets based on indicators, they are hopefully only increasing our probability of catching movement... but alas, they may be birds of a reddish color after all.
If the cynics out there don't like the filters or mitigation strategies, you, uh I mean they, can leave them turned off. :-))
Viper
Dislikedif entry filters can determine trend, wouldn't it be more profitable to trade the trend with them?
is there a rule which prevents a range from occuring because of an extreme standard deviation or certain angle regression channel or even a oversold/overbought condition or even a divergence etc?
one wonders if entry filters are red herrings.Ignored