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Boomerang indicator system at

  #85 (permalink)

Trading Experience: Intermediate
Platform: Ninjatrader,TOS
Favorite Futures: ES
Posts: 18 since Jun 2010
Thanks: 1 given, 6 received

I was getting good results on it on Sim with 3 contract scaling 3,7,10 tick targets few months ago. Lately I have been using it live but using a 6-8 tick stop been aiming for 6 ticks on 1 contract has been working okay few stop outs to the tick. On early morning breakouts lets you jump in and trail it pretty good. To me its work best on holding on to a breakout. A good way to refine the entry is to look at a small tick chart like 233 or 337 and look for areas of support and resistance and pay attention to other key levels like overnight highs previous day close unfilled gaps.

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