Flux Capacitor - by Back to the Future | Trading Reviews and Vendors


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Flux Capacitor - by Back to the Future

  #67 (permalink)

Providence, Rhode Island, USA
 
Trading Experience: Intermediate
Platform: Multicharts
Favorite Futures: NQ, EURUSD
 
Posts: 47 since Jul 2009
Thanks: 69 given, 73 received


aslan View Post
Dont be so sure, the basic algorithm is actually based on a very simple idea. Basically what happened last Monday and the Monday(s) before will happen again next Monday (based on time of day). Same for the other days of the week.

Exactly. That's the good amount of logic behind it. It's a cycle indicator. This is why you must use it in conjunction with other indicators. All cycle indicators need more specific timing. If we're in an upcycle or downcycle where do we trade, right? That's why I have my S/R lines.
If you need some help using it I could give you a hand.

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