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Key reversal Indicator

Posted: Wed Mar 03, 2010 3:53 pm
by roshannaidu
Hi TRO, cannot seem to find info regarding this indicator.

Please can you tell.

1. Is it advisable to use this indicator as a signal alone or as confirmation? i.o.w. does the signal give one a statistical edge?

2. What is this indi based on ? MA? etc

Thank

ps. a link to this indicator discussion will be fine

Posted: Thu Mar 04, 2010 9:17 am
by ***FX-JEDI***
Hi Roshannaidu,

Read this topic for more info on KR days.
http://kreslik.com/forums/viewtopic.php ... highlight=

Regards ***FX-JEDI***

Key reversal Indicator

Posted: Thu Mar 04, 2010 10:39 am
by roshannaidu
Thank you FX JEDI for the link. I have gone through the tread.

With your experience using this indicator, do you think that a daily profit target of 30 pips is achievable? Using the daily chart, at the end of the day (about 15 min before NY close) can I then open a position for the next day. Is this how it would work for a daily TF?

Also,how would I use this indi on a 4 hr chart?

Thank you in advance

Roshan

ps. you can email if you wish