PIRL is Pham Infinite Regresssion Layering.
If you used MA ribbons or Guppy Trading, the absolute core of the idea is the same. However, PIRL doesn't just take this idea to another level, it takes it to another UNIVERSE.
1. It doesn't use MA's or EMA'S. Why? Because after thousand of trials, I've proven MA's suck at forecasting and EMA's suck way way more.
2. MA's do have 3 use very important uses, I have posted before and will post again.
But here are examples of explosive rally technicals with PIRL.
If you used MA ribbons or Guppy Trading, the absolute core of the idea is the same. However, PIRL doesn't just take this idea to another level, it takes it to another UNIVERSE.
1. It doesn't use MA's or EMA'S. Why? Because after thousand of trials, I've proven MA's suck at forecasting and EMA's suck way way more.
2. MA's do have 3 use very important uses, I have posted before and will post again.
But here are examples of explosive rally technicals with PIRL.
Note
Here is Natural Gas again: Note
Note
HOW ABOUT INDIVIDUAL STOCKS???Note
Note
1 QUESTION YOU WOULD ASK RIGH HERE IS? THEN WHAT HAS THIS WHOLE TESTING BEEN ABOUT?? I've always known it worked on very long trends. I just wanted to make it work for short term trading. I found out that it does not. Then I wanted to use it for intermediate trading where it performed better than average. But for trades that are 3 months or longer. I can say honestly, that this beat everything I have ever seen bar none.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.