147
by Claywalker
I am trading since six years now, and I must confess, there is not a single coded indicator anywhere, that is really helping a trader making constant profit´s over long distance.
The signals are allways too late, in most cases, and not reliable, also on bar close or whatsoever, and are allways redrawn
The only one, that really worked in my opinion., to predict the markets, is the True Strenght Index, combined with TRIX different periods.
Once this mommentum indicator brakes a trendline on two(oscilator window)points, he doenst care about fibos or ema´s, or even the trendlines in the mainchart window, he goes through like a sharp knife.
This is also why, most of the arrow indis are plotting signals in the wrong direction.
I really appreciate the efforts of Mladen, Tools and Mitwana, trying to help other traders.
Hoping, that coders are get inspired by those techniques, and create a good indicator, that is really working. :-)
Regards
KK