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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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