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)

  #77 (permalink)

Bala, PA, USA
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
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Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,321 received

Jeff Castille View Post
Roger's style of trading is not for everyone.........

If you are going to trade divergence you have to have an indicator or two for price to be divergent from. In Roger's case he uses a tweaked up stochastic indicator D line set to 6/5/2 AND a MACD trigger set to 5/12/9 as confirmation.

Personally, I am more of a trend trader.......and as you know the market trends less than 40 % of the time.......so it pays to be able to employ a strategy on days when the market is NOT trending.


Did you get permission from Roger to share the indicators he uses and their parameters? As I understand it from some of his more recent free webinars, he is now using 'proprietary' indicators called something like cycle indicator and some other proprietary indicator, which looks interestingly like a MACD and Stochastics I am a pure divergence trader myself, and for a good while used the MACD and Stochastics exactly like Roger, and the Trader's International guys, but I've replaced them with 2 different indicators that I find work better for me in filtering out a lot of the bad divergences the MACD will give you in certain market conditions.

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