gelsas wrote:Hello guys,I am currently working on a strategy using Connors RSI and Trend direction & force indicator. It performs quite good, but there is one bottleneck which is pretty much causing a lot of false signals.Here is an example of such a situation:The signals are generated if both indicators are below their bottom lines. But changing those is no option because that would mean to also filter alot of good signals. Â
So basically I would like to ask you guys if you know any strategy/indicator, to detect those "waterfalls" to avoid getting so many false signals.Any help/tip is highly appreciated.Thank you.Kind regards,
gelsas
Gelsas, this indicator should do as Mladen was suggesting. You need to experiment with the levels though to get the arrows where you want them.
