soon bounce on card
their is +ve divergence in price and MACD
it works great in flat, but not in trend
Right, there is no 100% precise indicator. We will use different types of money management (hedge/martingale etc.) skills to overcome this shortcoming.
is it ok for fresh long?
I put the signal earlier than actually generated. Not now.
When to open position depends the money management.
In case someone asks me what software I use, well the software is customized. The similar indicator is implemented in MT5 http://www.mql5.com/en/market/product/142
thanks for sharing.. the indicator arrows are repaint or not?
When one bar completes, it will not repaint.
Just open for long - RSI show over sold
Sorry STO
Having dinner and did not see the fast down in the first bar. Just open short.
pls updat ethe chart
got out with small loss
bought in small short