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Indicators are from this page (to download) forecasting indicators and indicators are based on on Neal T. Weintraub 'The Weintraub Daytrader' and Commodity Boot Camp. One of this indicator is used in Paramon Trading system MaksiGen Trading system
As we can see we can backtest ths forecasting on the chart just to msee how accurate it is doing.
Last edited by newdigital; 03-24-2008 at 09:45 AM.
I am posting and will post many images from different asctrend systems. Most of the systems are from this thread - check first post of this thread for pdf file link to download.
And we can see it from the asctrend M1 light: many valid signals and if we cout it together with re-enter so it os more than 10 orders and most of the orders are in profit (if exit on stochastic) so it is more than 250 pips in profit just for one night for one pair (if we use re-enter).
Some people wonder: how can I achive good results with asctrend M1 system? The statments were posted on this thread and everybody knows that asctrend M1 system is not trading often - just one trade per pair per day.
I used re-enter.
But I did not use this 're-enter' indicator: I just estimated everything according to the price movement.