Yes, thanks. I look for divergence in threes, find these patterns to be reliable and often significant moves.
I never found RSI to be a consistent trading tool. I cannot really discern how you use it for trading, from the posts in this thread. If you can elaborate on your pseudo algorithm, it would be most appreciated.
RSI grail gives a momentum signal either up or down and then you use prudent money management which includes letting the full position run. It's that simple--Izzy
RSI is just an indicator when combined with other signals you can make an educated trade with proper money management. No 1 indicator can be the basis for a trading plan, you forget the other components to become a successful trader. don't limit yourself to just 1 tool but learn to incorporate many tools to trade.
B1, in another thread you have mentioned that you also use Bollinger Bands, how do they fit into your holly grail? thanks.
Hi Buy1Sell2, I like your posts and your Grail system. Is their a manual to explain the Holy Grail system? I can not find a link to download it. Could you please repost the link for me? Thanks, Magnum