We ran RSI + BB (EMA) + Dispersion across 10 instruments and 87,660 trades over nine years. The win rate was 34%, yet the average return came out positive. Here is why, and what that means in practice.
You've seen moving averages. A line connecting price averages. One line tells you one thing: above or below.
This indicator draws colored bands on the price chart to show whether the market is heading up or down. Blue bands mark an uptrend; red bands mark a downtrend.
Forty-six people. All different. We figured 46 different secrets would come out. Some read candlesticks. Some chase trends. Some sell options. Some run quantitative models.
An indicator that reads market direction visually. Actually, no one knows the market direction for certain.