[Minetoo]

I find it deeply ironic that Carter berates the use of indicators early in the book because of their inherent time lag and then later on touts his own TTMSqueeze indicator. Additional favorites like Stochastics, MACD, and RSI make appearances in Ch. 18 as well. If you closely examine the charts in Ch. 18 you will also see a surprising number of losing ttmsqueeze signals present. So what are we to conclude?
I spoke with Hubert Senters and found his candor refreshing. He told me his TTMSqueeze, Bricks, etc. had a 50-50 win/loss percentage which is coin toss country. However, he implied that everything is filtered by market internals. Senters also truthfully said that they are no holy grail and that you must completely master market internals first before seeing any kind of success with any strategy.
This book has plenty of valuable information that you can cherry pick but I recommend caution in using most of his setups. Both Carter and Senters are very honest and straightforward which is a rarity in this business. They have alot to teach us.