I saw few comments rather negative on the effectiveness of Indicators. No Indicator will make a person rich or poor. What the trader does with the indicator matters. It is like a Red or Green signal on the road. After Green if we still stay on the road, someone will come and hit. If there is Red, we still move on, there will be an accident. Setup System based on any Indicator and follow that religiously. Work on entry, exit, selection of spot prices, position sizes, and adjustments. Remember, Price is the ultimate truth; everything else is noise. Fundamentals, News, Rumours, Politics, wars, economic influences all are baked into Price.
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