Stats published by exchanges clearly show that 80% of traders lose money. So the inquiry is not “how to get into the top 20%?” Who wants to settle for mere profitability? The inquiry becomes “how do I get into the upper 3% of traders?” - The “fly around in private jets” and “build whole schools in Africa” traders? The answer is simple. Stop being human. It’s...
Timeframes and technical indicator settings are ubiquitous concepts to technical analysts, two things that they will have to interact with at some point in point. For certain traders, they make part of the million-dollar questions: "What is the best timeframe to use?" "What are the best indicator settings to use?" Where "best" refers to the...
Well, it's just a small public announcement. I went to this for a long time and now it has become possible. Profitable RSI now handles 3 parameters of the standard RSI indicator to find the best tuple of settings. So, additionally to period setting, the optimizer takes under consideration different Overbought (from 60 to 70 ) and Oversold levels (from 30 to ...