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LinkBack (3) | Thread Tools | Display Modes |
11-19-2007, 01:49 PM
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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.
__________________
you can check my site on my profile contact info... 
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11-19-2007, 01:52 PM
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Re: Trading Markets Without Indicators?
Thanks Walter
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LinkBack to this Thread: http://www.traderslaboratory.com/forums/f32/trading-markets-without-indicators-2858.html
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