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Is the best system yhah i been found.
Is the best system yhah i been found.
The only thing we've these systems is one man's trend is another man's overbought/oversold.
For example I read your initial post, ensure price is below 60ema on three time scales, this is easy. You can even add all three MAs to a single chart by multiplying the bars.
So price dips below your desired lines, all your ducks are lined up, but hang on. Isn't this the same condition for a market which is now oversold and ready for a rebound?
I'm not judging your system and appreciate you sharing it. But it is something I came across a while ago when thinking about trending and oversold/overbought markets.
Nor do I have the answer to this paradox.
3 Duck's for Stocks
Is there anyone out there that is willing (able) to swap the currency data for Ft 100 stocks - a dozen would do
Hey CC,
Noticed you've posted this strategy around the net on a few boards now... Just wondering why..
Sharing the wealth?