Recent content by All-TA-Ray

I've attached a current QQQQ chart for the benefit of any who doubt that popular indicators can consistently give profitable trading signals. It uses a PPO(6,13,9) as recommended in my first post on 1/14. There I implied that if I had to do with just one indicator, I would use a PPO. The PPO...

Yes, of course it is possible, and all of us are forced to do so if we want to trade the first 5 to 30 minutes of each day. The first hour often establishes the high and low of the day, and moves enough to give good day trades. That time is a glitch in all the indicators that use sampling or...

Hi! My name is Ray. I chose this handle yesterday when I got on Elete Trader because I like all indicators and technical analysis. (All-TA-Ray) Kind of corny tho. You are right that there are people making money on just about every indicator. They all work. But they are only...

PPO is the best indicator because: 1. It is useful for two time frames, long and short, by observing both signal line crossings and zero crossings. 2. It can be adjusted well to different smoothing factors and different cycles for the market chosen. The default settings are too slow...