tradermark2009 

Trader12, if you look up the book from Constance Brown, Technical Analysis for the Trading Professional....she uses the indicator not as a crossover of zero line but when set to 14.5.3.9 she looks for divergence and a slope directional change. By itself I do not recommend unless you are a good PA (price action) bar over bar reader. Best to use a 2 or 3x hihger time frame then use it to find and entry on a lower time frame that fits your $$ mgt. Also, concerning Constance brown, her book is 363 pages, and she will not fully explain how she trades with it, she leaves some info., she states this and you see it in her explaination while 150 pages into the book. It is more info on how to use the RSI differently.

BTW, how eminisniper uses it is not correct based on his zero line crossover, but he uses it correctly to help get into his sniper trade that use it as well as a 1-2-3 pattern bar reversal.

Indicators I believe are from Fattails....Thank You!

Trader12A 

Hi Fat Tails Can you kindly direct me to the Derivative osc so I can try this - might be helpful to finding a reliable scalp strategy Many thanks Trader12A

Attached Files

Register to download	QQE.zip (7.4 KB, 474 views)
Register to download	DerivativeOscillator.zip (8.1 KB, 251 views)
Register to download	DerivativeOscillatorV2.zip (11.9 KB, 347 views)