a) for wider range trading: support & resistancemrtools wrote: Mon May 24, 2021 1:53 pm Mainly Thank Mladen, he did most of the hard work on thsat indicator.
b) for trend following: Xard or some other MA-based system
c) for trend reversals: Linear regression sketcher
So - let's put it to the test: which way will price go (there is some resistance upwards so it won't be that easy)?
update 1: ok - if you had a reward-risk-ratio of 2:1 you took profits just now (screenshot 2). So it was nice and easy, after all.
update 2: after a Pb it went on (screenshot 3) - so - all in all - good day with this indie.
Now repeat this test 100 times and you may find: you made a new friend.
