As with any indicator I suggest you take the chart and look back
yourself. Like any of those indicators it works well much of the
time and gives a lot of false signals other times. Like any stand
alone indicator do not use it by itself, use with other confirming
and non comfirming evidence. I see plenty of times in the past
where it gave a sell at the market lows.
here's a chart link if you have
Stockcharts.commembership, you can
use the slider on the date range to look back at previous time
frames and zoom in
thanks for sharing, have you
My favorite indicator is letting me sleep at night so ...
Posted by shecar on 22nd of Sep 2020 at 10:35 am
thanks for sharing, have you been able to test this at all beyond this 3 yr time frame?
As with any indicator I
Posted by matt on 22nd of Sep 2020 at 10:39 am
As with any indicator I suggest you take the chart and look back yourself. Like any of those indicators it works well much of the time and gives a lot of false signals other times. Like any stand alone indicator do not use it by itself, use with other confirming and non comfirming evidence. I see plenty of times in the past where it gave a sell at the market lows.
here's a chart link if you have Stockcharts.commembership, you can use the slider on the date range to look back at previous time frames and zoom in
http://schrts.co/sbnZBVwj