Comment on Mr Consistent returning incredible returns
commented on
24 Dec 2013, 05:41 PM
Hi Madan, Many congrats
I have a dilemma. All the PIVOT calculating AFL (that I have) reference future quotes and will give superlative profits in back-test. In other words you are trading from experience and gut and cannot back-test your system.
AM I Correct.
Now since Pivots are pivots only in the hindsight, you gotta have a second indicator or a price action strategy to decipher fake ones from the real ones. Am I on the right track or totally off it here!!!