Why were the buy signals ignored?
because of some higher time frame signals?
That could be one of the reasons, but I am curious exactly why were they left out (when it is obvious that they would cause losses)
Hello everybody , i found this interesting indicator, it is a RSI +MA with a smoothing control , could it be possible to make the color change with the slope on both lines and if it is not only the RSI . Many thanks in advances to all the Gurus and Braves to shares there time and knowledge. Pierre63
Was only able to add the coloring to the rsi not enough buffers to do the signal line also.
They were not really ignored, but I just wanted to put some flags on the chart to get an immediate idea of where UsdChf was when the RSI reached this condition... and once again, it worked.
So, it is actually a hindsight analysis? I was wondering why the buy signals were not marked at all since there are quite a few of them on rsi indicator
Found this interesting indicator in another forum!
Breakout Rsi-1 indicator :
Another example. The primary tops of UsdBrl only come after that the weekly RSI has entered the overbought zone.