I changed the article to more accurately depict what I presume.Originally Posted by ;
I changed the article to more accurately depict what I presume.
That is patently false. If there is low liquidity, individual traders can move the market easier, but it doesn't automatically indicate they will. If there is a lot of liquidity you may also still view high volatility from more participants getting into and out of large transactions.
Look at any friday, there are times when you will see extremely volatile days with enormous moves, there are times when you will see very tight range trading with minimal action.
I believe most people are agreeing with you here, if you reread the articles in this thread. In terms of indior bashing, I believe it is only an overall feeling from the forums, I am not sure why you believe one thread with about 10 different participants is indiive of what's been going on in the forums as a whole.
View, this second statement has been created already by us. I specifically pointed out that you don't require an indior to tell you we're at a range, or we're trending, however, the entire point of the thread is they can HELP tell you these things if you know how to use them properly. If you do not need them, do not use them, that's alright. Nobody will call you stupid for not using indiors if you are profitable, and I'm sure the individuals that are profitable whilst using indiors would appreciate the identical respect.
So we are actually saying the exact same thing. The only differences are that I miss-understood your wording and you chose to insult me afew times(indirectly, lol).
Sorry bout that.... Got somewhat irritated.
No hard feelings
3 reasons:
1. Why post merely to agree w/ the O.P?
2. Why post when there's a flood of articles ?
3. Considerable traders understand it's all subjective anyway.
But there's an entire army of people out there that want to rag on indiors. These are mostly people that used to utilize indiors unprofitably, found a tiny price action, made a little cash, and have gone evangelical.
There's a point at which ends and some people today go back into indiors, using them in a very different way. It's all subjective tho. Do you want them? Of course not. Can they be profitable? Sure. The brain of everyone works.
Semantics.
ATR = Average True Range. It's a small formula to measure the current range of the market. It's not so much the formulation that things, but that you're consistent in your usage. I prefer high-low instead of ATR, but that is just me.
Liquidity and volatility tend to be more inverses. Do not be. Loose significance. Nonetheless, it's all subjective. If you have 4x the number of traders in the EURUSD as you do exactly the GBPUSD, and half of these pack up and leave, then liquidity goes poof, volatility skyrockets, but there's still more traders compared to GBPUSD. It's relative.
Thus yea, ATR may be a loose (reverse correlation) dimension of bandwidth.
That's only a half-truth. Spreads are somewhat more complicated than that. At some stage they do indie liquidity (short term liquidity tho, not delta long-term liquidity as delta ATR would indie), but only if you are trading in an ECN.
Why trade naked.... When you're able to exchange Versace?
As is typical with these threads there never is an overly convincing stage made either way. That is, to make one state Ah hah! There is (no use/absolute usage ) for indiors! Having said that, Craig makes another very good point, as usual, in his response. But, I look at indiors as others have made mention previously, although I never really understood until lately; as a e partner. Sure, I could e alone, many do. I really could e with a single partner, or maybe two, the problem is created when one begins ing with three, four, five spouses... you can't even tell what you're doing any longer. If you can, do not fire mepersonally, the majority can't, nor is there any true motive I have ever seen for such a thing.
I began not believing in indiors, then I started placing them all over my screen, I use one 300 MA. Interestingly, I still don't believe in indiors. As, I don't believe individuals who move and manipulate the market stare at these matters. The MA serves the same function as what others could use consecutive higher highs or lower lows for, or one can use a trendline for, that is... deciding when a trend starts or is likely to. It's just a matter of my personal preference to use an MA for such a thing. Therefore, in that instance, I use indiors unlike Craig, though I really do agree that what he said is that the only really logical reason of using a particular indior for a particular function. But then, provided that you e well, be it alone or not, that really gives a snort?
This is a rather good point. But, there are ways around this. One could use price inputs into a spreadsheet to send such a signal, as Excel could see such candle breaks or breaks out of a range and so on. I don't see how it matters. One frequently trade using indiors and can't deny that people do trade. Most fail whether they use rigorously price or whatever else, the key is to generate income.
So instead of go back and forth about how indiors this or work procedure is far better than the next, why don't you just start your own thread and educate people your great and wonderful method.
It serves no real purpose to come here stating that indiors are inefficient or don't really work except for stroke your self unless you can prove that fact. And not by just cherry picking out a few examples. At this time you are just pumping your fist and snapping at anyone who disagrees with you in any manner.
And as soon as you are able to get your eye to send you a text message when you are not sitting in front of the pc, then I'll be impressed.
Great one!! Let me see some thing...
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