In the Forex investment club that I am a member of (Forex Los Angeles) we have developed a very similar system over the past two years. We didn't know that folks in Taiwan were using a system that so closely resembled ours. I guess it is a case of parallel evolution. We distribute this to our members and anyone else who asks, so I'll attach a copy of our version. We do like to give credit to those who develop and code the indicators we find useful. SupDem was created by "Bredin," based on the work of Sam Sieden. It attempts to automate finding Support...
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Hello Dick,
Very interesting chart. What has drawn me to this thread is that I use SupDem in a similar way, however, with MAs and a MACD as confirmation of the new trend. The MRN Trend Changer with Super X on your chart is very intriguing, how is this indicator used in providing confirmation of a trend change?
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Joined Nov 2010
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Status: Learning never ends
|268 Posts
Hi Tai, i dont normally post comments easily, but you have got my attention on this system,looks very promising.
ive tested yest on a few pairs with a good result. i like the simplicity of this system.will need more fine tuning on the stoch setting, just a few question on your exit, do u out a fixed SL or you manually exit after number 2 appearing?.
