What I feel about counter-trend systems is that they are a combination of banded oscillators that have Overbought and Oversold zone. If a script has entered into Oversold zone, then as per the counter-trend system it is a buy signal.
I am not very sure with this, so Seniors please correct me if I am wrong.
Regards,
Ashish
I am not very sure with this, so Seniors please correct me if I am wrong.
Regards,
Ashish