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Vortex Indicator |
opportunist
White Belt
Joined: 27 Apr 2010
Posts: 356
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Post: #1  Posted: Thu Dec 15, 2011 8:40 am Post subject: Vortex Indicator |
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Dear all,
Another gem from Welles Wilder. Thanks Alchemist for pointing this out. I am posting backtesting on nifty. When the red line crosses the blue line who ever comes above dominates. If blue comes above then go long and if red crosses blue from below then short.
By that definition nifty may now further go down as it is a bearish phase. Expect it to reverse at 4600 (this one is pure judgment)
Cheers
Oppo |
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