With my limited experience with ToS and Standard and Custom Indicators, I have realized that the Indicators that signal 'Uptrend' are more succesful then the 'Downtrend' signals by the same indicators. For instance in some Oscillator type indicators the market remains on / near / above the overbought levels for a significant period of time. Even the premium indicators of uTS I have had similar experience.
I am hoping that given the decades of combined experience of traders in this forum, there are some kind of indicators or an approach that gives reliable down signals.
My question is for both Intraday and Daily time frame.
I am hoping that given the decades of combined experience of traders in this forum, there are some kind of indicators or an approach that gives reliable down signals.
My question is for both Intraday and Daily time frame.