I believe this system is pretty easy to follow for everybody, its far away from that so called "amazing" systems, and, personally, I run away from any "amazing" related to trading.
These system have some virtues:
- Its very good predicting trend exhaustion
- Its very good prediction turning points
- It provides very good leading signals
- It provides very good stop loss and exit points
- It provides trend and counter trend trades.
- Works in all time frames
- Works with all currencies
- Rules are so simple
Sometimes misses a big move and the right point to trade comes in the middle
If you're very conservative following the rules sometimes misses a big move
This system is was not thought to be a trend follower. Remember that. Trend followers system gives you the signal when the trend is established. You could try to follow the trend by adjust the R-Squared indicator but does not have too much sense.
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