My kplswing indicator gave so many signals - all of which failed on daily charts.
Multiple whipsaws mean you should either reduce value of N to say 5 or view the same chart in higher timeframe.
Now here is the weekly chart... the expanding triangle is clearly visible... a new high is followed by retest of recent lows and so on. Treacherous trading environment.
Summary - after 2-3 whipsaws in any timeframe, either zoom out to get a better perspective or shift to a higher timeframe.
Multiple whipsaws mean you should either reduce value of N to say 5 or view the same chart in higher timeframe.
Now here is the weekly chart... the expanding triangle is clearly visible... a new high is followed by retest of recent lows and so on. Treacherous trading environment.
Summary - after 2-3 whipsaws in any timeframe, either zoom out to get a better perspective or shift to a higher timeframe.
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