Replies to post #21298 on ETF SWING & DAY TRADING

[KovuLK]

positiontrader re: PPO


And this is the signal that is new for today??
"Use Bear Signal If PPO(5EMA,10EMA) line < 1.6 and falling from yesterdays line."
As now we have a lower PPO than yesterday and its below the 1.6.

Do you still have conflicting signals??

Thanks
kovu

[wild_card]

PT: Signals w/ PPO System:

I agree with you on using other TA indicators alongside the "System" to confirm, anticipate a change before losing profits, or using options; thus potentially getting even better returns. It all depends on how comfortable the given user is with it all.

I hope to be able to provide a quick summary of returns and statistics for both EOD and BOD trades using our current system.

So watch now as the markets change their behaviour and our system becomes useless <smile>.