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Viper Trading Systems Indicator

  #153 (permalink)

Posts: 40 since Mar 2010
Thanks: 149 given, 48 received

sorry rubberduck but you got it wrong.

their rules are:

1. wait to see viper change color to green
2. wait to see the up arrow
3. wait for the trend to turn green
4. wait for a pullback
5. confirm the trade up and enter long

your snapshot show price action in the "no man's land" area and is just a retrace testing the previous swing.
The retrace passed the swing and is probing deep in the zone but still have resistance to break in this choppy zone.
Those two bars up are a quick scalp for some buyers and pressure for limit sellers.

and for a real account or doesn't matter since the system works like a charm.

Just take what you need from any vendor to make you a better trader and leave.

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