Quote:
Originally Posted by zmax
Nix,
Hi I have another version of the PercentZZ which i think that works better. Don't know if it is exactly as Igor said it should be, but from my calculation it tells you where an X% move from a point was done.
It is attached here, please take a look and let me know what you think about.
Thanks, Zmax
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Take a look at the following chart (the last major move UP). The indicator didn't see that coming
The last SELL signal was valid all the way up.
I know that it's only an indicator, but shouldn't it signal a BUY at some point of the move up?