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Innovative-Trading-solutions-online.com review

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Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
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jmacn View Post
@monpere
Are the channel trend bars continuing to work for you?

I only used them during the trial period. They seemed to work ok, but not significantly better then the regular range bars I use. I personally found them to be a bit visually deceiving as they smooth out the price action by artificially repainting the bars. This effect makes your indicators look totally wild. I use RSI and stochastic, and the indicator patterns using the trend bars were totally different then with any other types of bars I've used, so not sure the traditional indicator usage would work all that well with them. Overall, using the trend bars with my particular automated strategy did not significantly increase the strategy's profitability. Gabryele seems to do very well with them in the Blueline Delight strategy thread, so you may want to check out that thread.

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