Re: RSI Indicators for MT4

2159
[quote=josi post_id=1295500568 time=1673419139 user_id=4937914]
Would you care to explain your arrows?
As far as I can see they are mostly indicating the opposite of what actually happens in price:

i applied PSAR , so trend arrow follow PSAR!
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: RSI Indicators for MT4

2160
sal wrote: Wed Jan 11, 2023 5:56 pm
But you are aware of the fact that your arrows produce at least as many false signals as correct ones?
How does this help in trading?
(I wasn't trying to criticize - I was just wondering how it could be useful. I may be wrong but for me it is better to have one signal per day that I know I can trust than ten in an hour that I cannot trust. After all, you have a 50 per cent chance of guessing the right directon - at least in the long run (and if we - for the moment - forget about the intricacies of ranges) - without any arrows/signals at all.)


Who is online

Users browsing this forum: DotNetDotCom [Bot], Majestic-12 [Bot], Narutopips, phnthnhnm, Seznam [Bot], ssscary, Telegram [Bot], Yandex [Bot] and 115 guests