B
Black Swan
You make a very good point. ****wits never actually read anything written by the designers of these indicators ! (actually I doubt they read anything at all !)
That's 'cos they have the intellectual curiosity of short attention span dumbed down proles and have no place in trading. They'd probably scream "You're 5hit you Messi lad" if one of his mazy dribbles versus Real Madrid left the genius himself dizzy..
How many would investigate the background of these maths experts, or perhaps exchange an email or two with one still in the land of the living? Or even compare/ backtest price action trades versus indicator/pattern based trades over an extended period to justify their hand me down beliefs? They puke out pearls of wisdom that have become accepted wisdom without any research or experience..