Thread: Channel trading system
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Old 01-20-2006, 10:19 AM
newdigital newdigital is offline
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Why the people are using "non-normal" indicators?
Because of the market condition.

The "normal" indicators are estimating the market with some probability. Sometimes we can not describe the market using "normal" indicators and we can not use the "normal" indicators sometimes: they are not working in some conditions. And people are using the other kind of indicators fully understanding what they are doing. It may be many reasons: to get the more earlier signals, to estimate the recent maket condition, to forecast the future price movements and so on.

Usually, if we are using the indicators from the items 2, 3 and 4 we should use it together with at least one "normal" indicator. Otherwise we may be fully out of reality. But if we want to estimate something (market condition for example) we may use these indicators alone.
Last edited by newdigital : 01-20-2006 at 10:27 AM.
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