Traders Daily — How to Use the Chande Trend Meter (CTM)


Unbelievably, technical analysis is still written off as useless.

In fact, some denounce it as a laughable study of charts, patterns, and squiggly lines without any concrete or profitable results.  Others argue it’s only good for short-term trading.

However, none of that is true.

We’ve proven that time and time again, with chart after chart.  As a matter of fact, if we simply use a combination of Bollinger Bands, relative strength, MACD, and Williams’ %R, it produces a short- and long-t...

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