Normal
We know it's lagging --- but it (the indicator) would also appear to be predictive --- the constant breech of the upper line for the XJO before the two medium corrections, in contrast to the minor breech followed by a minor correction --- is the bit that has caught my eye, as a early warning.If the ST exit ( profit) rule was changed to 20% , it would then be acceptable ??? --- No, a load of rubbish unless you knew the strike rateAs stated I'm looking at refining the trading rules --- and possible use as a predictive tool for indexs.The next post on BlueScope shows it's possible strength (the indicator) is weakened by one of it's rules:Cheers
We know it's lagging --- but it (the indicator) would also appear to be predictive --- the constant breech of the upper line for the XJO before the two medium corrections, in contrast to the minor breech followed by a minor correction --- is the bit that has caught my eye, as a early warning.
If the ST exit ( profit) rule was changed to 20% , it would then be acceptable ??? --- No, a load of rubbish unless you knew the strike rate
As stated I'm looking at refining the trading rules --- and possible use as a predictive tool for indexs.
The next post on BlueScope shows it's possible strength (the indicator) is weakened by one of it's rules:
Cheers
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