RS to low deviation + positive deviation on the MACD is the heart of all profitable long entries. Add one dow behavior for price and another for time (interval of the retracement) and you keep buying with the trend.
As instructed, you never buy a DB during a downtrend; you wait for a RHS with a HH on the right side of the formation - your Dow Cash should confirm with a coequal or higher MACD. DayRaider 2.2 is not perfect, but it does capture most of the reversals regarding this.
RS to low deviation + positive deviation on the MACD is the heart of all profitable long entries. Add one dow behavior for price and another for time (interval of the retracement) and you keep buying with the trend.
ReplyDeleteAs instructed, you never buy a DB during a downtrend; you wait for a RHS with a HH on the right side of the formation - your Dow Cash should confirm with a coequal or higher MACD. DayRaider 2.2 is not perfect, but it does capture most of the reversals regarding this.