Al Po's Bands - why I love it so much? It gives me great indication for long term trading.
1. Open any chart (I prefer weekly or monthly timeframes)
2. Switch Global Overbuy/Oversell boxes inside your settings to "On"
3. Reset both Deltas to 1
4. Check Basic Sequence Length(default 4) Setup(default 9) and Countdown(default 13)
That's it!
Let's trade :
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This idea based on one of the simplest trading strategies in the world Trend-Reversal-Alerts-Strategy that I shared recently. Now I want to spread few words about how you should make it perform better with help of buy and sell resistance and I will show you the exact methods.
But first, if you still not sure how this strategy tester is actually work you should...
