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Posted
I test it already for 3 weeks on demo and it is pretty accurate! Good job. Just added a few indicators like BB and Jerca Points.

Behaves very good. Ha, ha, ha...

Hermes

 

Hey hermes,

 

what is "Jerca Points"? Please send a link for this indicator. Thank you

Posted (edited)
I test it already for 3 weeks on demo and it is pretty accurate! Good job. Just added a few indicators like BB and Jerca Points.

Behaves very good. Ha, ha, ha...

Hermes

 

Thanks Hermes, BB's are a great addition to give some idea of potential reversal points. Only I'm using SEFC 10 instead of Jerca.

Edited by newbie111
Posted (edited)

I'm a lazy boy, so I didn't read the pfd carefully

But one thing comes into my mind regarding the Behavioral Bias

The way it's calculated is a result of the survey the author made

But doesn't that assume that the majority of the retail traders is mostly right with their entries?

Edited by iwjw
Posted
Thanks Hermes, BB's are a great addition to give some idea of potential reversal points. Only I'm using SEFC 10 instead of Jerca.

 

Hi newbie111, Does BB indicator mean Bollinger Band? If not, please upload this indi. Thanks

Posted
I test it already for 3 weeks on demo and it is pretty accurate! Good job. Just added a few indicators like BB and Jerca Points.

Behaves very good. Ha, ha, ha...

Hermes

 

Hi Hermes,

 

thanks for the info but why a BB for reversals? Do you mean pullbacks? Have you tried with pivot breaks or something like that seeing it is in a way a strength indicator?

 

Thanks, MB

Posted

I didn't say BB for reversals? Newbie did ask him. BB alone is not a good indication of reversals because the price can pierce the band for weeks and still not reversing! Best reversals are oscillators like STOCH, RSI, CCI, Support & Resistance, Fibs or Pivot indicators, especially divergences on it. I made a typo on the Jerca, it is a pivot not points indicator. A very good one.

Cheers Hermes

Posted (edited)
Please tell me, which indis, and how do you incorporate the indis that you've added on your chart to get such good results for the last 3 weeks? I'm interested in learning as much as I can in order to make the best of this system. Maybe with a screenshot please, if you don't mind. Edited by newbie111

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