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Posts: 3

Joined: 12/17/2013
Location: Pretoria, South Africa

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Subject : RE: Pivot Points (7) Indicator
Posted : 1/18/2014 11:14 PM
Post #30665 - In reply to #30660

Jim, my heart sank as I read the posts about pivots!! I was getting so excited and wondered how OT got this "MAGIC" line!!!

It's a bit detrimental though, especially for beginners as it can be extremely misleading! One should really not use it when learning or perhaps just use it for "confirmation" by the OT "teacher" in GAME or LAB mode that your OWN predictive measures were in fact right or wrong!

I thought I was going to make a million bucks in 18 months starting with 25 000 !!! hehehe But don't worry, I'll get over it! :-) One good thing came out of it, when I saw it happening I wanted to find out which indicators were also confirming these "PIVOT POINTS" spot on and I actually found two that do. I just hope now that they too are not looking ahead at the data in GAME or LAB mode!! You could perhaps check these if you like, they are;

Chaikin Peak Levels and;
Commodity Channel Crossover

Now I only hope that they are not also looking ahead (or the GAME and LAB mode would be a total waste of time!!) :-)

Thanks so much for your time taken to assist me! It is much appreciated.

God bless!
Deleting message 30665 : RE: Pivot Points (7) Indicator

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