Re: daily ka easily achieveable target set kar k trade krain ta k profit secure rahay
Opinions vary widely on this caveat. Indicators are immensely popular in FOREX. Co-author of the first edition Jim Bickford was
a champion of them, whereas I believe they have limited value. At the least an
indicator should be constructed in such a fashion that the instance variables are
adjusted for the changes in market environment. Indicators that work well in
trending markets (high directional movement and low volatility) fail in trading
markets (low directional movement and high volatility) and vice versa. If you
use a battery of indicators, be sure they are evenly divided between trading mar-
kets and trending markets for balance. For an excellent discussion of the classic
trading versus trending concept.
Opinions vary widely on this caveat. Indicators are immensely popular in FOREX. Co-author of the first edition Jim Bickford was
a champion of them, whereas I believe they have limited value. At the least an
indicator should be constructed in such a fashion that the instance variables are
adjusted for the changes in market environment. Indicators that work well in
trending markets (high directional movement and low volatility) fail in trading
markets (low directional movement and high volatility) and vice versa. If you
use a battery of indicators, be sure they are evenly divided between trading mar-
kets and trending markets for balance. For an excellent discussion of the classic
trading versus trending concept.
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