Looks like a weekend where Creative energies are in Over Drive ..
As I ruminated on Kalyani's doubt on SMO SAR ver.2 EXIT PTS, a very simple & logical thought arose.
If we are only depending on the Curve of the 5D apriori price closes to EXIT,
we can very well use the SAME Change in sign to End Current Trade & Initiate the Reverse Trade ,
Why wait for 5-10DEMA x-over ??
We could very well BUY when dy/dx goes from - to + & SHORT when dy/dx goes from + to -
But are we sure of HAVING TURNED THE CORNER & HAVING ESTABLISHED A COUNTER TREND, purely based on RATE OF CHANGE (dy/dx) ?? Thats the Million $$ Question!
Well, I am out of time this weekend due to house shifting chores... may be the ver3.0 shall make for these changes in a few days
@ Kalyani --> U may not kno it, but u hv just asked a Very Valid Q ... , thank u :-)
cheers
As I ruminated on Kalyani's doubt on SMO SAR ver.2 EXIT PTS, a very simple & logical thought arose.
If we are only depending on the Curve of the 5D apriori price closes to EXIT,
we can very well use the SAME Change in sign to End Current Trade & Initiate the Reverse Trade ,
Why wait for 5-10DEMA x-over ??
We could very well BUY when dy/dx goes from - to + & SHORT when dy/dx goes from + to -
But are we sure of HAVING TURNED THE CORNER & HAVING ESTABLISHED A COUNTER TREND, purely based on RATE OF CHANGE (dy/dx) ?? Thats the Million $$ Question!
Well, I am out of time this weekend due to house shifting chores... may be the ver3.0 shall make for these changes in a few days
@ Kalyani --> U may not kno it, but u hv just asked a Very Valid Q ... , thank u :-)
cheers
thank you shri ji for promptly attending my question and explanation
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