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Posted
So what is this good for? Overall trend on higher time frame? signal on lower time frame? Can someone experienced please give observation? This looks similar to Gann HiLo.
  • 2 weeks later...
Posted
when i hear for Karl Dittman , i just think of 100 emails i receive from him and his wounder indicators, i tried this think few times, even i dont like scalping , and it worked fine on 5/10 . But ...its only indicator , and will be never good as human.
Posted
if you put a 21 simple ma on you cant see the up trend lines,

 

Not sure what you are saying there Marthart, a 21 sma will be pretty close to the action at all times. How come you would not see the trends? ....or am I looking at the wrong system?

Posted

Sorry if I wasnt clear, the uptrend line is a 21 sma.

at a guess the indicator is based on a couple of ma's like most of Karl's other systems.

Not important, just dont stake the farm on it !

Posted
Sorry if I wasnt clear, the uptrend line is a 21 sma. at a guess the indicator is based on a couple of ma's like most of Karl's other systems. Not important, just dont stake the farm on it !

 

Thing is, all these systems work. Dean "What's it" has a STS that uses the 21 sma. He waits for the pull back and bets on a 'special' candle like train tracks or an engulfing when the trend changes and price bounces off the sma.

 

Thought that the surname would have come to me by....Dean Saunders, that's it. Ah, these senior moments!!

  • 5 months later...

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