assume the trade being initiated is an Index trading instrument
such as an ETF like SPY or QQQ or DIA or IWM
or a leveraged derivative like a futures instrument - ES, NQ, YM, TF
and assume the trade being initiated is for a holding period that exceeds 3 days ...
to exclude daytrades
Does the net A/D line when at new all-time highs actually provide risk vs. reward assessment information
which is actionable and improves win percentage for trading outcome?
OR
Does entering long trades based on this new all-time high for the net A/D line
actually decrease win percentage for trading outcome?
thank you for your participation
- hiker
Edited by hiker, 23 January 2012 - 05:55 AM.