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Re: ✪ ReichSystem - The Best System publicly available

PumbaPLS, Sun Jan 15, 2023 11:15 pm

josi wrote: Sun Jan 15, 2023 11:06 pm More easily said than done - I think - as most indicators are in one way or another mathematically based on price averages (in that sense "candles" are indicators, too).
So what looks very different visually is most likely based on the same basic maths.
The "confirmation" so many traders tend to "wait for" before they enter a trade therefore mostly doesn't really exist and should humorously be called "confirmation bias"...
Totally!

I am not saying that we dont use Moving averages or anything like that... in fact.. you see Moving Averages right there on my Chart.
For most People it also shouldnt be a secret from where the Signals are coming.

They also are based on moving averages.

BUT what cant be seen on the Chart is what type of Filtering we are using in the background.
Many Systems are doing amazingly well during a Trending Market, but they get destroyed during ranging/consolidation phases.

This is where most Systems get wrecked if you were to follow them

And of course the System is more than just the Labelled Buy and Sell Signals.
The other aren't there just for decoration.

The goal of the System is to give you the strongest potential Signals possible to reduce the amount of time and disrection you need to use in your Trading.

This is why this is NOT an automated but Manual System.

The System is there to be your training wheels while navigating through the Charts and the better/sturdier the training wheels, the more confidence you have not to fall on your face
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