Flux Capacitor - by Back to the Future | Trading Reviews and Vendors


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Flux Capacitor - by Back to the Future

  #66 (permalink)

Madison, WI
 
Trading Experience: Advanced
Platform: Sierra Charts, ALT
Favorite Futures: ES
 
aslan's Avatar
 
Posts: 614 since Jan 2010
Thanks: 345 given, 1,101 received


tradingonvolume View Post
There is a great amount of logic behind this indicator.

Dont be so sure, the basic algorithm is actually based on a very simple idea. Basically what happened last Monday and the Monday(s) before will happen again next Monday (based on time of day). Same for the other days of the week. There is a lot of code behind the indicator because they are doing some things that don't match that well with NT, but the basic premise is rather simple.

I own the indicator, and have seen days where you know this is the grail, and then there are the other days where my cup does not hold water. Most days are in between those extremes. IMO, this indicator can not be used by itself, but needs to be paired with something else. I currently am not using it.

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