Thread: Trading Strategies Based On Digital Filters
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Old 11-13-2005, 04:59 PM
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Quote:
Originally Posted by saintan
Does RBCI2 readjust itsefl?
I do not know exactly but probably not.
What is readjusting? It is the same as zigzag indicator readjusts itself all the time?

It is not main indicator in any filter system. Just for the confirmation of the signals and market condition: over-bought, over-sold, etc. Besides we may use this indicator (together with other digital indicators) for forecasting the price on D1 and W1 timeframes. I know one or two strategies only where this indicator is used for stop loss level.
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