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[amibroker] OT: The problem with indicators



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Just a thought from my recent study, but here-in lies my problem with 
indicators.

I started out thinking this indicator with that would be a magic 
bullet. When I found out that long-term things didn't work out, I 
tried using different settings - and then combining different 
indicators, etc...

I soon came to the conclusion that ANY indicator will make you a 
profit during a trend, but that same indicator will lose you most if 
not all of that money during a ranging whipsaw market. I have not 
found an indicator/combination that:

1. Keeps you out of a whipsaw market
2. Alerts you to a trend - but not too late whereby you miss most of 
the move.

Maybe I have not found the right combination, and I don't think it 
exists. 

However - comments for discussion are welcome.

AC



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