Captain_Walker

Williams Vix Fix to watch on CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trend following trade methodologies are not easily understood by most, I've come to appreciate. The WVF backtesting that I've done suggests that it can be a useful method or tool. CADJPY is in a broad up-trend. The recent deep pullback on weekly followed by recent aggressive and filtered entry signals, could well spell further up-trend. Successful use of the WVF in this method of trend following requires much practise. WVF signals are valid only in certain circumstances and relative to their own time frame. www.newtrader.club/2...he-williams-vix-fix/
Comment:
I've now moved away from Williams Vix Fix. It's reasonably good at spotting impulse changes and trend changes. Overall I'm more into following trends instead of spotting trend changes. It's still a useful indicator.

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