Hmm... that sounds impressive on your part to post it using absolute language as you've done. But, imo, it would be a bad precedent for you in case it turns out indeed that you're right. How long have you used it with success?
I know from my own experience that most beginners look for a single indicator- a silver bullet to kill the confusion in the markets. I've done it myself few decades ago. Others lump together many indicators and try to average their signals. Either way, a careless beginner with a computer is like a teenager with a sports car- an accident waiting to happen. I'm not saying you're doing that for your posts reveal also some basic and valuable knowledge.
But, a serious trader needs to know which indicators work best under different conditions. The way you stated it sounds too simplistic and pat. I've been in the market for 45 years. Before using any indicator, one must understand what it measures and how it works. Only then one can have some confidence in its signals. But then one would not use without its being expressed in %likelihoods. How long have you used the Trix under different conditions? Are the conditions right for your certainty or you're stating it as a matter of looking back, historically? How long have you used this and what has been your rate of success within fixed time-frames? How long a time is required for it this time in this situation? Of course, hindsight is perfect in T/A and other occurrences in life, as well. Been there and done that. T/A is good. But only part of the larger understanding one needs to have.
"Professionals divide indicators into 3 groups: trend following indicators, oscillators, and miscellaneous.
Trend-following indicators (MA's, MACD-Histogram, the Directional System, OBV, A/D, etc.) work best when markets are moving but give bad and dangerous signals when the markets are flat.
Oscillators (Stochastic, Rate of Change, RSI, Force Index, Williams%R, etc.) help identify turning points and help catch early turning points in flat markets but give premature and dangerous signals when the markets begin to trend. (Imo, BAA seems to be still strongly trending... as of today.)
Miscellaneous indicators (New Hi-New Low Index, Put-Call ratio, Bullish consensus, the A/D Index, Trader's Index, etc) provide insights into the intensity of bullish or bearish market opinion. They can be leading or coincident indicators." GLTY
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