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Binary waves can be useful provided your trading systems (indicators) are
not highly correlated.
For example, a 14 period RSI and a 17 period stochastic will tend to give
similiar signals.
Stick with your reliable indicators and apply money management stops would
be my
recommendation.
At 04:53 PM 11/1/97 -0500, michael.arnoldi@xxxxxxxx wrote:
>has anyone in the group used binary waves successfully ?
>i am still debating whether the more indicators agree, is really of much
>importance as compared to one or two reliable indicators which don't get
>watered down by lesser reliable indicators.
>
>mike
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