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Boomerang indicator system at

  #91 (permalink)

Orlando, Florida, USA
Trading Experience: Advanced
Platform: NinjaTrader, Thinkorswim
Broker/Data: Optimus/Rithmic
Favorite Futures: ES
swish008's Avatar
Posts: 7 since Oct 2010
Thanks: 4 given, 3 received


m0n0xide View Post
Anyone else besides Taxman bought this strategy? Anyone?


I am also new to this forum and find this a great way to share ideas. I too have bought the boomerang strategy and have traded it over the last six months. I have added the ATR trailing dots to the strategy and found it to be pretty decent. The problem that I have faced with the strategy is that it works great in trending markets or choppy markets that have large enough swings, but it doesn't do so well for me in short choppy markets. Adding the ATR trailing dots as a filter has helped as it reduces the number of trades taken in the short choppy periods. I am also looking into adding another momentum indicator as another filter, but still playing with it. It is interesting to see other people use this strategy and to see how they are doing using it. I also found that trading this strategy first thing in the morning and then possibly after 3pm EST, seems to work better. After lunch 1pm EST seems to be the worst. I would be curious as to others who use it with some success and if they use it alone (or with the TBS indicator) or if they add their own filters to it.


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