Just a thought from my recent study, but here-in lies my problem with indicators.
I started out thinking this indicator with that would be a magic bullet. When I found out that long-term things didn't work out, I tried using different settings - and then combining different indicators, etc... I soon came to the conclusion that ANY indicator will make you a profit during a trend, but that same indicator will lose you most if not all of that money during a ranging whipsaw market. I have not found an indicator/combination that: 1. Keeps you out of a whipsaw market 2. Alerts you to a trend - but not too late whereby you miss most of the move. Maybe I have not found the right combination, and I don't think it exists. However - comments for discussion are welcome. AC
