A buy signal is generated when the indicator is below zero and turns upwards from a trough. No sell signals are generated (that not being its design). The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established. I just wanted to point out the Fibonacci Time correlation which is clearly there. If you think subjective then look in the mirror.
Nota
Please support the statements you make. Otherwise it's an insult to those who put time into making a statement.Nota
timingthemarket.com/trading-chaos DOT htmlcan't post links here so replace the fake DOT with a real dot :)
I posted this link in the chat yesterday but it will get lost there. Interesting ideas.
Nota
I hope you guys see what I was trying to say by this chart (e.g. recession times and trend booster phases). Feel free to discuss. We can draw a new time projection from 1.272 and it will be relevant for shorter term too.Nota
I look at this in terms of basic naked simplicity without getting into statistics though I could. Statistics are good for budget allocations and policy makers. As a trader I'm interested in all natural phenomena.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.