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Re: $100 Up Down V6 indicator

317
no offense but the problem with your indicator is that it will show a reversal, then it's not really the reversal point, so later another reversal appears that is higher in value thus pushing the previous value away and this until there is no more reversal signals and we finally reached the peak.

so it's highly misleading IMHO
Scalping the Century TimeFrame since 1999

Re: $100 Up Down V6 indicator

318
ionone wrote: Mon Jan 29, 2024 8:02 pm no offense but the problem with your indicator is that it will show a reversal, then it's not really the reversal point, so later another reversal appears that is higher in value thus pushing the previous value away and this until there is no more reversal signals and we finally reached the peak.

so it's highly misleading IMHO
so that.it need to look to upper and lower time frames...