Thanks. I recall that an indicator called Aroon had some merit .
"I've seen tons of indicators/systems that look good on a variety of charts but fail to be profitable on long-term tests." Sounds like I need...
If I did that, would it "prove anything" to the predictive value skeptics on this forum?
The "quick glance" was not for trading, but to varify that "the indicator peaks and valleys coming before or with the price" was not unique to the...
If you do not see "some predictive value" in the attached segment, then you looking but not seeing.
I created this indicator a few minutes ago, intending to add it to the RSI thread below ... but after viewing the chart, I didn't want it to get...
As a Fib Freak, I prefer 13 and 21 periods.
Would appreciate comments on the charts and/or the trade. Most indicators use moving averages in one way or another, and therefore are lagging....
This post is shown as an example of my charts.
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