Thread: Dolly system
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Old 11-03-2006, 12:04 AM
fxnorth fxnorth is offline
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Indicator relevance

Quote:
Originally Posted by PipsGone
Hey folks -

Many thanks to those contributing to what looks like a very nice system. I have been watching the 7 majors with Dolly and conclude that:

The TSR indicator has little value. Can someone tell me how to use it to filter trades?

The Abolute Strength Indicator also has little value as a filter for trades.

I am trying the attached indicator, RSI Filter, to filter out trades.
An excess of indicators on the end product Dolly viewing screen is counter productive and the simpler the view the better. Just a plain set of Dolly trade guidelines to adhere to along with disciplined money management is all you need. Dont load up the screen with all the 'toys' and fancy distractions that WSS have.
It's great as it is.

FxNorth
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