Stop Risking Money with Conventional Indicators!!

in #traders2 years ago

https://bit.ly/3AWlo1U
Our indicator tracks the Price Action to generate a signal. In comparison, conventional indicators will generate a signal whenever it meets a specific mathematical condition, without regard for whether demand is greater or supply is greater.

Let’s take a look at the candlestick chart below.

As an example, the Relative Strength Index (RSI) will generate a BUY signal when the RSI value is below 30, indicating oversold conditions. However, in actuality, a buy signal should be generated at the demand zone because price will remain oversold until demand increases. This will lead to poor risk management resulting in increasing odds of loss.

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