I don't think it is a Stoch, Josi, it looks more like the RSIOMA to me but of course I could be wrong and Xard will correct either of us.josi wrote: Mon Apr 26, 2021 8:17 pm so in one you use ADX and in one Stoch - I'd prefer the less jittery Stoch (especially as you use ToR on top of that, of course) but...
+ you might have stayed in the trade longer using Stoch (but this will sometimes be in your favour, while at others...)
but: ADX gives a much better reflection of what is actually happening as far as price moves are concerned
As far as I can see Murrey Math is in both trades the background but isn't really used for the actual trades:
I think Fibs could be and possibly are used for exits but I don't see that Murrey has a productive role to play.
As always I am most likely wrong.
Re: XARD - Simple Trend Following Trading System
7071Cheers,
""There is nothing to fear but fear itself"" - Franklin D. Roosevelt
Rob
""There is nothing to fear but fear itself"" - Franklin D. Roosevelt
Rob