Quoting siege:
Why spend all your time on trying to read another dataset when you've got the original and most reliable right there in front of you?  |
I've tried to get across the simple point, on other forums, that focusing on data representations diverts attention from the
far more important issue, which is that they have no idea how to trade. A proficient trader could take just about any charting setup, and after an adaptation period trade it. Meanwhile a newbie trader will lose money, indicators or not.
It's just like a pro tennis player can do ok with just about any racket, while a newbie still sucks with the best racket available. You see? It's about the skill and not the window-dressing. Looking for the chart setup that will lead to success is like looking for the shoes that will make you an awesome basketball player. Good luck with that. You'd be far better off practicing with some comfortable shoes rather than shoe shopping all the time (or shoe evangelizing... "why would you mess with reebok when nike air is the original and most reliable"...)