The importance of the integration between indicators
It is one of my greatest signals to integrate between indicators. I will describe an example below to understand what i would like to say.
I put three red arrows in the hourly chart of the GBPJPY. Notice here around the red arrows how price declined from the senkou span B of the the kumo also at the same time the RSI decline from level 60 which indicate a downtrend scenario. the stochastic (8,3,3) also crosses its signal line all these 3 signals indicated a down trend and a short sell which gives us tell now more than 600 point in only 78 hourly bars.
focusing in only one indicator will give you a lot of failed signals but integrating more than one indicators will filter these failed signals and gives you the perfect signals only.
Michael Armia, CMT, CEWA 1
