Quote:
Originally Posted by Traderlarry
As with most indicators I have come across, the chop will eat up all the profits and even more. For catching the big moves, one doesn't need more than a simple EMA. I think nearly every indicator works when the market trends ( apart from oscillators, perhaps). So the really hard part about trading is not getting the direction right, but knowing when there will be a trend and when the markets will be range bound...
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have u seen raf's other HA indicators....the thing is very good for catching large pips...even better, i love how it can almost act as a confirmation to each signal generated by macd. like if raf's HA is showing trending up, almost all macd buy signals are very accurate, and sell signals are ignored....excellent!
i daresay these indicators are quite the best i've ever come across.