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Has anyone tried eminiacademy.com?

  #22 (permalink)

Adair Village, OR
 
 
Posts: 3 since Jul 2010
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Large and small trigger lines.


trendisyourfriend View Post
Large Trigger lines: Close, 80, 20
Small Trigger lines: Close, 20,5
Keltner channel use these:
- ChannelThis(30,3,5,55,EMA,55,none)
- EMA_Colors(Close, 10,20,55)

Add Fat Tail's fibonacci confluence indicator and you get basically the same setup for free.

The big plus in favor of these trigger lines is in that they facilitate the reading of price action. The large trigger acts as a punching bag. The more times it gets punched, the weaker it gets. You can use it to gauge strength vs weakness. The small trigger acts as a momentum indicator and it helps to gauge the strength of momentum. Both are in the same window as price so you can keep focusing on price around these lines. I also use them to fine tune my entries and evaluate where i should place my stop loss.

I have also added to my template the particleOscillator_V7(Close,10,0) along with the TriggerLines they signal good entries that give the trader a positive expectation provided you still use your common sense.

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Thanks for the great information. I do not understand the trigger line statements. Which indicator do you use for the trigger lines?
Are you using the Keltner indicator to get the Upper, Middle, and Lower Bands?

Thanks for your hard work and answers, Dave

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