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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #11 (permalink)

Sydney NSW Australia
 
Trading Experience: Intermediate
Platform: NinjaTrader, TradeStation
Broker/Data: Mirus Futures/Zen-Fire & Tradestation
Favorite Futures: ES
 
dmane's Avatar
 
Posts: 14 since Dec 2010
Thanks: 15 given, 20 received

Thanks Monpere

I found the same thing as you, the MACD gives too many signals and the RSI gives more accurate ones. Where I got murdered was if the market's in a narrow sideways band which the ES was in two nights consecutively last week. Plenty of divergence signals, no breakouts & plenty of losses. I've decided that if I see narrow horizontal bollingers again (2 points) I'm pulling the sheets over my head. Where I find the system good is in a normal up & down market (say a 4 point range). You're right, in a a strong impulsing market it an get ugly too. I suppose the answer may be to watch it when the bars are hugging one of the bollinger bands.

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