Disliked{quote} I include an Aroon's oscillator inside to determine the strength and weakness of a trend, as ultimately you're looking to trade the strength of a reversal. Hence, if you include an Aroon oscillator and it's value is above 50, it filters out quite a bit of the failing trades. Whacha think? I don't find as much of an accuracy if I do the same with ADX and stochastics. Having CCI gives a good hint too though.Ignored
Hi dezzy,
What do I think?
Well after many years trading COWABUNGA system, I wean myself off those indicators which are suppose to show us momentum, trend, etc.
I dropped the MACD, ADX, AO,CCI etc. and stick with just one ...the TDI which is RSI based.
Learn to trade with Price Action at Support and Resistance PASR and let the TDI and Heiken Ashi help you confirm the PASR will be one of the EDGE ahead of others.
Take your time and learn to trade TMS with PASR, and gradually progress then drop those other indicators.
regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett