- About mvtrader2000
- I became very interested in penny stocks from around 1975 and despite my best attempts, I failed to make much money in the stock market. I started part time trading forex in early 2000 and in 2002 went full time. I have studied extensively Bollinger, Nison, Murphey, DeMark et al and over the years I have developed a system which combines price action, supply & demand levels, pivot points and overbought/oversold (imbalance) indications.
I am not a trained programmer (self taught and messy codes), but I have also coded a few MT4 indicators in an attempt to enhance some of the qualities that conventional indicators appeared to offer.
Recently I was working on a new indicator when it suddenly hit me (I must be very slow) that every one of my indicators was simply a mathematical representation of price and worse still .....they were behind the curve.
As a result of this revelation I started to look into neural networking for forward looking indicators (a well trodden path it would appear). During this research, I happened upon the work of a trader who had given up all forms of indicators and was extolling the virtues of naked trading.
I have since read may hundreds of articles about naked trading and have recently started to trade using mainly price action, Murrey Maths and a modified TRIX inndicator.
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