It seems to be alot like my pincher setup using the trix indicators. Your just looking for extremly overbought or oversold conditions. The problem I had is that these conditions happen only a few times a day,Mostly in the middle of the night. I just don't have the time to watch the charts that much.
I'm more looking for a system using larger time frames at this point. Bottom line is if I find a system that works I will work it.
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