Quote:
Originally Posted by abner
so your saying that it never takes a loss
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I am not sure what you are asking.
Indicators don't lose, TRADER'S LOSE.
Either the trade is there or it isn't. Indicators are no substitute for smart trading. In fact, I usually rely on indicators to tell me what NOT to do.
HEAT tells me NOT TO GO LONG when red and NOT TO GO SHORT when green.
On a reversal, just wait for the previous bar's low or high to be breached by the current bar. If that happens and holds, the reversal is in progress.