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picker304
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Everything posted by picker304
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The Aroon Setup for Very Little False Signals
picker304 replied to picker304's topic in Technical Analysis
Ok guys first I set up a daily chart with aroon and RSI2 and 14. I wait for RSI2 to cross 14. Through my personal backtesting I find this is a precursor most of the time. when the bull aroon line crosses the bear line I jump in. a good strategy for me Hope this helps picker (moderator: Sorry, promotional URL removed) -
New here and love to discuss strategies with traders. Could someone direct me in the right direction for this. Can't seem to find an area to post this info thanks
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I have spent hundreds of hours back testing many combinations of indicators and my extensive studies have concluded out of all the indicators the aroon gives the fewest of false signals. I use it along with an RSI2 and 14 crossover confirmation. picker