josi wrote: ↑
Wed May 20, 2020 3:38 pm
jgxpro wrote: ↑
Wed May 20, 2020 2:16 am
Hi, I traded the German index (pretty strong correlation with US30) today.
I don't see the HMAtrend as very reliable. It's a reflection of HMA12 and HMA55 signalling (if you don't change input) when HMA55 directional changes happen - MrTools could and does produce as good and better signals every day (and if you use MTF you have directional bias + entry/exit without the repainting).
If you look at his DSL Ocn Nxc you can see how perfect the change in slope colour gives you entries (buy if above signal line; sell if below signal line) + MTF for directional bias.
And not only for this indicator (which uses standard input in Xard's setup, by the way): he does it all the time:
Oh, you missed the word: subsequently. I practiced Elliott Wave based trading, as it gives better context for market situation than anything I've ever seen. I just copied my trades to Xard's templated MT4 and noticed these coincidences
I adjusted HMA for the advised 10 and 35 (if I recall well), but I'm not a big indicator guru, all of them still lag pretty much, I like clean charts, but I like experimenting. I examine your links, too, thanks for posting (e.g. never heard of Ehler