Yesterday +140. December 1000+ - page 2
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Hello Galvestonforex,
thank you for sharing your strategy with us. I have been tweaking and testing hundreds of indicators for years now and keep always coming back to the concept of S&R and trendlines, as most indicators lag... I guess we all know that situation where MACD (or any other indicator) gives a buy signal, one enters, and the market reverses ;-)
I will read your word document and do some more reading on trendlines...until now, I have always drawn trendlines in a highly subjective manner...you draw the line where you want it to be, so to say...of course, it cannot work that way.
Oh, by the way, which indicator draws those nice circles ?
Regards,
Larry