Has anyone ever heard of Felton Trading? (www.feltontrading.com) | Trading Reviews and Vendors


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

  #37 (permalink)

Santa Maria
 
Trading Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 295 since May 2010
Thanks: 101 given, 320 received

Roger's offer

Roger spent more than 1.5 hours with me last night. I can honestly say I learned some things, which will hopefully make me a better trader.

It's true, as can be said of many vendors, that most of his indicators are freely available in some form, and some may have come from right here on Big Mikes (he's also using Aslan's BetterRenko). However, there is value added; he's taken these standard indicators and formed them into a system, where they are used in mutual support to mark clear entry and exit point suggestions on the chart. Much of the programming is well beyond my current capabilities.

He also has one indicator that is beyond anything I've come across in the free arena, it conveys information from arbitrary larger time frames and chart types. For instance, we were looking at a 5 better renko chart with this indicator showing the current bar direction from a 10 better renko and a 500 tick line break. The unique aspect is that it does this without the horizontal distortion which is characteristic of Ninja multiple timeframe charts.

I look forward to learning more from him in 2011.

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