Thats a good way to sum up the M3 Indicators. Yes there are many
different settings one can adopt but its easy to get into a game of
"visual optimisation" where you adjust settings as market dynamics
change. Looks great in the rear mirror but in live trading, its not
as good. My observation from using these.
Reverting back to basics like some of the "simpler approaches"
that are on the nightly updates
depends what you use them for, I use them primarily for trading
futures, which is fast, now if you are trading indexes on 60 min
and 15 min and daily time frames, then they are not really needed,
since you are focusing on newsletter charts, those are longer term
charts like 15, 60 min, daily, obviously they are not really needed
for those time frames
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Thats a good way to
here's an updated view of the 10950 ES chart, in ...
Posted by vimal on 27th of Jul 2010 at 03:00 pm
Thats a good way to sum up the M3 Indicators. Yes there are many different settings one can adopt but its easy to get into a game of "visual optimisation" where you adjust settings as market dynamics change. Looks great in the rear mirror but in live trading, its not as good. My observation from using these.
Reverting back to basics like some of the "simpler approaches" that are on the nightly updates
depends what you use them
Posted by matt on 27th of Jul 2010 at 03:04 pm
depends what you use them for, I use them primarily for trading futures, which is fast, now if you are trading indexes on 60 min and 15 min and daily time frames, then they are not really needed, since you are focusing on newsletter charts, those are longer term charts like 15, 60 min, daily, obviously they are not really needed for those time frames