alf44
2,025 posts
msg #45099
- Ignore alf44
modified |
6/18/2006 9:59:49 PM
...I honestly don't even know where to begin !
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PeterJerome
23 posts
msg #45103
- Ignore PeterJerome |
6/19/2006 12:58:21 AM
Somebody mentioned HANS, one of my favorites, which I trade EOD.
Since 5/16/05, using a simple MACD system;
enter when %K > %D, sell when %K < %D, generated 11 closed trades.
8 winners, 3 losers. Net ROI = 155%. Only 1 MM stop used on the 9/30/05 trade.
HANS had only a single occurrence of RSI(2)<1 between 5/17/05 to present.
You gotta match the indicator(s) to the market...
Oscillators just don't work in a trending market.(IMHO)
PeterJerome
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alf44
2,025 posts
msg #45101
- Ignore alf44
modified |
6/19/2006 1:22:15 AM
...FWIW...this "RSI(2) Holy Grail myth BS" that has been "ESPOUSED" here...has gone on...JUST ABOUT LONG ENOUGH !!! imo
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I use a "Short-Term Momentum Indicator" also...as (an integral) PART...of my analysis !!!
...an ROC(2) !!!
I'll explain MORE about this special SIMPLE indicator if anyone cares !
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PEOPLE...THINK !!!
THINK...about what a specific indicator is actually "measuring" !!!
THERE IS NO MAGIC IN RSI(2) BELOW...ONE...!!!
COME ON !!!
THINK !!!
THINK !!!
THINK !!!
Regards,
alf44
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ashraf999
33 posts
msg #45106
- Ignore ashraf999 |
6/19/2006 3:17:47 AM
alf44,
I don't see anything laughable here. RSI(2) is just another indicator that some traders use. The same applies to you regarding your indicator. We are here to mainly learn from each other and test each other's filters and methods.
Be open minded..and THINK like a scientist.
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alf44
2,025 posts
msg #45115
- Ignore alf44 |
6/19/2006 10:57:41 AM
"Be open minded..and THINK like a scientist"
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Good advice !
I was prolly out of line with my remarks !
Regards,
alf44
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