Viper Trading Systems Indicator | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons


Viper Trading Systems Indicator

  #232 (permalink)

Birmingham UK
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: TST/Rithmic
Favorite Futures: YM/Gold
ratfink's Avatar
Posts: 3,652 since Dec 2012
Thanks: 17,422 given, 8,380 received

coolma1973 View Post
I was wondering if there is a indicator that is similar to the money band? It seems to give the trend and the top/bottom range (especially the green and pink zone). Thanks

Look carefully at the chart you posted - does it actually give you any extra information on the right hand edge? NO
The bands simply move with price at both reversals and continuations. All bands look great/pretty/colourful/etc on a full page chart, and in my (long, painful) experience are useless where it really counts.
Treat with a pinch/bucket of salt is my 2c.

Travel Well
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to ratfink for this post: