TheRumpledOne Banned On StockHideout

[TheRumpledOne]

TheRumpledOne Banned On StockHideout




They allowed MP6140 to talk smack about me but didn't want me to defend myself.

[MightyOne]

TRO's indicators, by the very fact that s+r is dynamic, have to do the same as barrys --- dont let all the blinking lights and the man behind the curtain fool you --- its just the same old same old indicator with a fresh new look, but it doesnt do a danged think differently !

Is this what you are referring to?

First of all S&R is more psychological than factual; the more people that believe in little pink bunnies with razor sharp teeth the more people tend to see them (as shown by price running away from little white fluffy bunnies).

Dynamic: constantly changing

Dynamic S&R: using new levels of S&R as "old" levels are breached

Bollinger Bands are also a form of dynamic S&R using deviations from squiggly.

One uses new highs and lows based on a period and the other uses an avrg. (of said period) and deviations from average to form S&R so yes they do a "danged thing differently."

Since we are already comparing apples to chopped apples why not compare chopped apples to apple sauce?

Below are randomly drawn horizontal line which when breached signal a reversal.
Through the unreliability of some thing being Dynamic these random lines signal no worse than bollinger bands.



There are 2 ways you can make money:

1. Price was moving up and you went long.
2. Price was moving down and you went short.

In either case your success is determined by luck and your ability
to manage the lack thereof.

[TheRumpledOne]

Who wrote that? All you have to do is put the 2 indicators on the same chart and you'll see the difference!

[prochargedmopar]

Who wrote that?

If I'm not mistaken I think it was mp6140.
Correct me if I'm wrong M.O.

[TheRumpledOne]

Whoever wrote it doesn't know what they are talking about.

Barry's uses fractals, mine uses highest high/lowest low.