Indicator doubt? The right indicator.
Posted: Sun Nov 22, 2009 5:08 am
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
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