Quite contrary to what you think. I believe it is important to put the most sophisciated analysis behind the display, using complicated formula to generate simple buy/sell signals on the chart and easy to use. There is NO single indicator would outperform the market in all conditions (trending, trading range, and choppy). One has to use logics to analyze market condition and use proper indicators to trade. If the market is so simple to analyze, I'm wondering why big firms hired hundreds of programmers to do the same thing as I do. BTW, I had a Ph.D. in Economics (major in Econometrics) and had worked in SAS programming for years, I guess this is a hobby for me. As I said, one day, it'll be automatic system trading for me, no need to look at the TAs or whatever indicators. I don't think I'm trying to make my chart complicated and not clear, my 6 years old could look at the chart and trade by following the up/down arrows ) Cheers!!!
Hehehe, GOOG touchs these jaws maybe a few times a day, shorts are the up jaws and longs are the bottom jaws, if it touches these jaws, either shorts or longs be killed
Looks like shorts and longs are evenly matched on GOOG today. It touched the big jaws (dark) only twice, touched the small jaws (blue) a couple times.