Rainbow indicator for intraday

Discussion in 'Index Futures' started by TTT, Jan 27, 2019.

  1. So basically just like 800 moving averages
     
    #21     Jan 28, 2019
  2. Newc2

    Newc2

    There is criticism here of this indicator saying it 'doesn't work'.
    Such criticism misses the point of what trend trading is. ie identifying a trend and following it while it continues.

    The success is in the management of the trade and any indicator which assists in visualizing a trend is no bad thing.
     
    #22     Jan 29, 2019