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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Alski who wrote (19887)7/26/1998 11:08:00 PM
From: Cube  Respond to of 79273
 
Alski,

It has been my experience that if you get too involved with confirmations by other indicators, you can talk yourself out of every trade. My back testing so far shows the trick to be a damn good stand alone indicator for profits in the very short term. I'm so new to this though that I'm not the one to ask about other indicators that might filter out the few false signals that the trick produces. Doug mentioned earlier regarding PRGN the longer term stochastics. I'll definitely be looking at that in the future.

Cube