Millionaire in 10 weeks & Conversation with broker | Psychology and Money Management


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Millionaire in 10 weeks & Conversation with broker

  #147 (permalink)

Utrecht+Utrecht/ The netherlands
 
 
Posts: 10 since Apr 2015
Thanks: 4 given, 12 received


MerlinWorld View Post
Nope, no lag with my indicator because the clouds are built with a Squared MA which is a center line of a Donchian Channel that is based on a fixed price (ex: 5 pts) instead of past bars like most MAs.

Because of that, if the threshold is exceeded by even 1 tick, the entire cloud color will change "down to the tick".

Like I said, years of experience pays off! But then again if I listen to the "experts here", I'm just a new 49 yr old "kid" who don't know shit about trading and apparenlty, I haven't been burn yet so... what do I know right?



Thanks, I surely hope so, for EVERYONE's sake.

it is lagging since all moving averages are lagging to price.. that is why it is so hard to use it as a system, if you want a small stoploss..

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