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Indicator doubt? The right indicator.

Posted: Sun Nov 22, 2009 5:08 am
by havoxx20
Hi all,
I've been using TRO stratagies and his indicators, they are awesome but there are many of them, not saying its a bad thing but for a newbie like me it maybe a little hard to find the rigth indicator.
I'm looking for an indicator that tells when the market will stop making new highs or new lows, like oversold or overbought in sto, of course it won't be any holy grail that tells exactly when it stops making new highs or lows. I will not use this indicator standalone.
I hope you can help me.

Thanks very much

Posted: Sun Nov 22, 2009 3:39 pm
by PINKPANTHER5
Try the DTB system. The first one is a good way to start. Combining the Semefore and Dynamic Fibs are basically the keys to it. Those 2 are ones you should look at.