Replies to post #51760 on "House of Pinchers" (Pinch)

[wolfgangrene]

This is what I see and it isn't anything I'd call a pincher chart.

[wolfgangrene]

i know you'll say, use PPO instead of the MACD.
It still isn't a true pincher. It's the ADX that is critical.
Incidently, I use both PPO and MACD, because a few of my clients have insisted I use a MACD. In most cases the MACD and PPO are nearly or are identical.