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Old 11-07-2005, 04:12 PM
hua hua is offline
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Quote:
Originally Posted by newdigital
It really may be a good filter to be used in some other system.
Look on the image:
- blue line is RSTL (Reference Slow Trend Line) which is 'Support Slow Trend Line';
- white line is RFTL (Reference Fast Trend Line) which is 'Support Fast Trend Line';
- and SuperTrend indicator.

Yes, hua, you are right, Supertrend together with RSTL is more good than RFTL and RSTL. But as I understand it is the filter systems only to filter some signals. We may use it in an other systems.

But look on the MACD+OSMA indicator (see image) It is almost the same with this Supertrend and RSTL. Filter.

Some people say that trading system based on the filters only may be profitable for the short period of time.

Anyway we may use this system as a filter or just select an other indicators for this SuperTrend-RSTL or MACD+OSMA. May be.
Pals, i hv spent long time to investigate RSTL by itselft, hv a very careful look to longer time frames. This indicator game me the opportunity to go short euro at 1,2170 (on daily chart, pay a very good attention pls) and i am still in. Supertrend is a good filter on RSTL indicator, which i found out is extremely important. Therefore any kind of audible alerts by programmers to above indicators might be the HG. Pls spent sometime on these especially on RSTL. tks vm in advance.
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