CreditViolet said:
Sh50
Having in the business of TA I can tell you that the whole TA industry is a snakeoil one
Everyday somebody is coming out with new indicators new systems claiming to make fortunes.If you ask a simple question.
Why sell.
A lot of horsesh*t comes out of their mouth like we like to programme etc
OK then why charge this ridiculous amounts of money.No answer
A classic case of snake oiling Eg Larry Williams's Williams %R and stochastics
About your question,I would say that there is no need for you to even know about these indicators.Indicators are themselves lagging behind price.Go through the main indicators and as you become comfortable in them try to further optimize and look for better ones within metastock.Since most indicators just smooth the original one
Just use the system tester and see for yourself how MACD and RSI give you so many whipsaws.
Having in the business of TA I can tell you that the whole TA industry is a snakeoil one
Everyday somebody is coming out with new indicators new systems claiming to make fortunes.If you ask a simple question.
Why sell.
A lot of horsesh*t comes out of their mouth like we like to programme etc
OK then why charge this ridiculous amounts of money.No answer
A classic case of snake oiling Eg Larry Williams's Williams %R and stochastics
About your question,I would say that there is no need for you to even know about these indicators.Indicators are themselves lagging behind price.Go through the main indicators and as you become comfortable in them try to further optimize and look for better ones within metastock.Since most indicators just smooth the original one
Just use the system tester and see for yourself how MACD and RSI give you so many whipsaws.
Although it appears that you seem to have hectic working hours, I would really appreciate if you could contirbute more for the benefit of other members of this forum.