Comment on Mr Consistent returning incredible returns

Manish Dhawan 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!!!

View the full comment thread »