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jti to confirm xtl

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  • jti to confirm xtl

    I've seen references to using JTI to validate XTL, but I haven't seen any details. Is there a suggested use? I can see doing somthing like not taking a long XTL entry if JTI is < 30, but I was wondering if there's maybe more to it. Maybe waiting for JTI to be > 30 and/or at least green in color?

    thanks in advance,
    russ

  • #2
    Russ,

    I will let someone else comment on the usage of the two tools together. I just wanted to put out there that the JTI is actually an indicator that was REPLACED by the XTL. I know there are people out there using it in conjutnction with the XTL, and I will let them comment as to its accuracy. However, we here at eSignal Advanced GET have the JTI in the program only because there were some users of the software who were so used to the JTI, that we did not want to remove it from the software when the XTL came out. Again, I will let them comment on their combined usage. I just wanted everyone to know that the JTI is an older indicator, and that it was replaced by the XTL.

    Nate McCartney
    (pillagingpiper)
    Nate McCartney

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