I was wondering if it's possible to combine the trend filter and the reverse system as follows;
- inside Fractal envelope
- all blue dots
- outside Fractal envelope
- all red dots
- not over-bought/sold (eg. RSI < 80)
It might make it work around the clock.
Last edited by casper; 01-18-2009 at 07:25.
something is wrong with that last version, i have done some backtests and it gives no trades at all, could you look into it funyoo
Thanks, you are great.
I found an indicator which I think finds the trends. As far as I know it has the following principals for trade:
1- Buy when all three rows are blue.
2- sell when all three rows are red.
3- to close when the third row changes color or if want to wait for further profit when at least 2 rows change colors.
I don't really know if it works or not. But Ideas are worth a try!