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You are correct it is free.
You are correct, we are not selling anything nor run a website nor a vendor.
We've asked the Divine to only lead people to us who will do His work of Compassion, Frugality and Humility.
We reserve the right to share His Gift to only those He leads to us.
Looks like you have signals on when significant pivots will begin.
I especially like how it does not give false positives for the minor retraces.
Super! You have discovered another wonderful aspect of taking deltas of the different elements of the Bollinger Band Macds. Keep up your great investigation! You will marvel at what vistas are opened to you, as you pursue the next logical step in the investigation.
Thanks. I need to explain that I did program your initial recommendations but I did not bother with the images as they were more less what you had in you manual. BTW, it looks great and I like the way you approach these concepts in that manual. I thought I responded to your last message but obviously I have not.
I agree that 'false positives' are less frequent, however, it is, by its nature (MACD), a lagging indicator, so we will be always chasing the market. Do not you agree? No matter what we do, how we derive at various aspects of the same thing. Unless, we place it within a known framework, like Fibs. However, that would put us back into the same position that you were under you mentor. Is that right?
Let me know what you think.
Actually using Fibs will make us predictive. But that is not the issue with my mentor. The Crux of the problem is the intuitive use of BB Macd as a predictive tool. There is just too many reasons to take the opposite evaluation of what may happen and you end up second guessing yourself and trading the wrong side.
We have moved forward using Keltner and Bar setups and the all important Delta.
One important aspect of the Delta is once it had peaked, you are assured the price action will no longer go against you for more than 1 point. And you know the Delta will peak, once the trendline had done an inflection at its extreme point of travel.
Bottomline, we have a means of knowing when the market is sideways and always getting in on the correct side of the trend. Light-years beyond where we were with our mentor. Cheers... I believe this topic is all talked out.
Yes, it does look impressive. Do you use OEC C# or Easy Language to develop it, since we are on the OEC Thread?
Questions from my previous entry about the timing are still valid. How do you trade it? This is the question that needs to be answered. I am challenging you, not doubting.
This thread was created prior to having an entire subforum dedicated to Open E Cry discussions. Now that a dedicated subforum exists, this thread is obsolete and is being closed so it will be easier to find topics going forward.
Please create a new thread in the Open E Cry section to discuss specific items.