Samantha Jones
Active member
I’ve been backtesting a few TA patterns, and honestly, golden/death crosses seem less useful lately.
Way too much chop. Price fakes the crossover and reverses hard. Bots probably front-run them anyway.
I still keep them on the chart — just as a general trend confirmation — but I don’t trade off them anymore.
Curious — does anyone here actually use these patterns for live trades? Or is it more of a legacy signal now?
Way too much chop. Price fakes the crossover and reverses hard. Bots probably front-run them anyway.
I still keep them on the chart — just as a general trend confirmation — but I don’t trade off them anymore.
Curious — does anyone here actually use these patterns for live trades? Or is it more of a legacy signal now?