Disliked...interested to see if PA is signalling short ahead of the indies on EU atm. By definition i guess it should do, but the indie lag sometimes saves us from poorer trades, we'll see.
Edit: updated chart attached, TM flirted with a short signal but BB still firmly long.Ignored
I would simply follow the Trend indicator and enter long or short. It is a lagging indicator but as you said it avoids you from wrong entry.
See what happened today. If you have followed trend indicator, you may not have entered short at 1.3320. !
Indicator is great and if we follow that strictly, it is still great !
By following a lagging indicator, you are on 'Track" even if you are not catching the "top" or "bottom"
Intraday only.