hi friends ,
through this thread i would like all members of traderji to put their ideas openly here , there are several people here (including me ) which believe in their own indicators , systems and techniques and probably every body has something new which could come on this common platform for open discussion . there are several from history such as Gann , Fibonacci , Elliot etc who gave something entirely new to technical world and the were successful because they created their own , so had a better understanding and hence were among wealthiest people of their times .
But probably, we are not gann , fibonacci etc . so what to do? , we should make a group effort together to carve out some thing new and effective .
we would devote out innovations and ideas together to make some entirely new and effective here .
objective
1) to analyse existing indicators
2) to discuss and find out problems and loop holes in them
3) thinking and discussing ways to remove them
4) if not possible suggesting or discovering our completely new technical indicator with similar function .
5)focusing on what we want , indicators to show
6) total scope and a potential for maximum progress .
7) if any body suggests a new idea or concept , working together to discuss scope and limitations for it
8) designing new pattern or series of indicators
9) mixing several existing indicators to make a new one , to get an all in one formula
10) analyse and making new ,advanced and profitable trading systems .
for example i m starting a topic
we use RSI (14) to measure the overbought and oversold conditions in market, buying in over bought market is considered dangerous ans selling in oversold is also considered as wrong decision , but actually all major rallies take place in these overbought and oversold zones.
so r u with me ?
abhi:thumb:
through this thread i would like all members of traderji to put their ideas openly here , there are several people here (including me ) which believe in their own indicators , systems and techniques and probably every body has something new which could come on this common platform for open discussion . there are several from history such as Gann , Fibonacci , Elliot etc who gave something entirely new to technical world and the were successful because they created their own , so had a better understanding and hence were among wealthiest people of their times .
But probably, we are not gann , fibonacci etc . so what to do? , we should make a group effort together to carve out some thing new and effective .
we would devote out innovations and ideas together to make some entirely new and effective here .
objective
1) to analyse existing indicators
2) to discuss and find out problems and loop holes in them
3) thinking and discussing ways to remove them
4) if not possible suggesting or discovering our completely new technical indicator with similar function .
5)focusing on what we want , indicators to show
6) total scope and a potential for maximum progress .
7) if any body suggests a new idea or concept , working together to discuss scope and limitations for it
8) designing new pattern or series of indicators
9) mixing several existing indicators to make a new one , to get an all in one formula
10) analyse and making new ,advanced and profitable trading systems .
for example i m starting a topic
we use RSI (14) to measure the overbought and oversold conditions in market, buying in over bought market is considered dangerous ans selling in oversold is also considered as wrong decision , but actually all major rallies take place in these overbought and oversold zones.
so r u with me ?
abhi:thumb:
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