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Re: DSL (Discontinued Signal Line) indicators

Anonymous, Mon Mar 06, 2017 12:05 am

Hiya fellas, Mladen, came across this forum just yesterday, had a look through, (joined up now) downloaded DSL_RSX and applied it to my chart just now. I see the potential. I've on my chart an indicator named quantum from a thread in FF. (the blue boxes) It's a good one I reckon, trouble with that one is one is supposed to buy in on those signals while the trend is still moving down from that buy signal. This leads to a tremendous draw-down especially as I've seen price continue on long after that first signal, eeek lol, no way. What to do then. I had the idea of waiting until the trend turned and then buying on the signal as price passes on the way back up. But I hadn't implemented it as of yet. This indicator of yours may well be the key to doing as I've thought. It seems to point out that trend change very well, note the divergence as well ending right on that bottom signal line in the indicator On the chart I've marked 8 boxes where I could enter trades as the price moved back up prior to close for the weekend, be a couple of hundred pips in there . I'll see what the next couple of weeks brings and report back with it
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