What indicator is best to find peaks (top, bottom) of price?
Share your favourite indicator/system.
Share your favourite indicator/system.
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DislikedIf there is an indicator like that its worth billions of dollars...and it will never be posted here. lolIgnored
DislikedHow about fractals. This is always going to be dependant on the timescale you are using. Fractals use 2 hi/lo either side, Demark uses any number, Demarks work is interesting in this area. Lookup TD lines. I also some years ago read a book which included the "sushi roll" which used the highest /lowest bar for x bars followed by a break in the opposite direction. The above don't directly answer your question but may give another perspective. By the way the aroon indicator is good for himlo's.Ignored
DislikedWhat indicator is best to find peaks (top, bottom) of price? Share your favourite indicator/system.Ignored
DislikedPredicting tops and bottoms of the markets is very risky, but I also attempt to take such trades due to the risk/reward being higher than a lagging trend following system. This indicator seems to be promising and is non repaint, with some filtering it could be useful to predict tops and bottoms. https://forex-station.com/viewtopic....65#p1295361865 {file}Ignored
DislikedWhat indicator is best to find peaks (top, bottom) of price? Share your favourite indicator/system.Ignored