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Re: Trading Markets Without Indicators?
Correct Tin... Price and volume are data... any mathematical algorithm derived from this data is considerated an indicator... (classic TA concept)...
NOW a candlestick formation its an indicator because there is some biased reading and interpretation of the raw data... same with volume, an x interpretation of volume makes him an indicator already...
So there is a fine line there between data an indicator actually... my two cents... cheers Walter.
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