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Viper Trading Systems Indicator

  #232 (permalink)

Birmingham UK
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: TST/Rithmic
Favorite Futures: YM/Gold
 
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Posts: 3,652 since Dec 2012
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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.

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