The question is, how We can use this indicator to earn something.
If You take a look to a chart with this indicator (e.g. 2MAs strategy), let's say on 1h You will see, that there are Times when the strategy performs well, and then there is a time when strategy performs bad.
If You check this indicator with the standard strategy tester on Metatrader You will find out, than the indicator performs very similar to a result of standard tester.
This means that if according to the indicator there is a time when the strategy performs well, if You trade the same way You should get a positive result of Your trading (minus of course the costs of trading, such as spreads).
And opposite: if the indicator is showing that this kind of a strategy performs bad, maybe it's better not to trade, and wait for a better time with this strategy, so you don't loose money you have earned before.
Please consider this conclusion for yourself. We will be observing much, much more!
Regards!
If You take a look to a chart with this indicator (e.g. 2MAs strategy), let's say on 1h You will see, that there are Times when the strategy performs well, and then there is a time when strategy performs bad.
If You check this indicator with the standard strategy tester on Metatrader You will find out, than the indicator performs very similar to a result of standard tester.
This means that if according to the indicator there is a time when the strategy performs well, if You trade the same way You should get a positive result of Your trading (minus of course the costs of trading, such as spreads).
And opposite: if the indicator is showing that this kind of a strategy performs bad, maybe it's better not to trade, and wait for a better time with this strategy, so you don't loose money you have earned before.
Please consider this conclusion for yourself. We will be observing much, much more!
Regards!