NexGen indicators and review (www.nexgent3.com) | Trading Reviews and Vendors


futures.io - futures trading strategies, market news, trading charts and platforms


Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

NexGen indicators and review (www.nexgent3.com)

  #108 (permalink)

Market Wizard
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,798 since Mar 2010
Thanks: 4,236 given, 26,404 received


thegrail View Post
dh004110: Thank you for the videos, I look forward to checking them out.

Fat Tails: I've seen Carolyn Boroden and her student, Mark Braun, who went off on his own, many times. Essentially, they take Fibonacci projections and extensions \ of each major swing, and look for confluence of levels. Then they delete off the ones that are isolated and work with the confluence areas. To do that easily, you almost need either Miner's software, or Fibonacci Trader, which has kind of died, as most software don't let you easily delete just one of the fib levels and leave the others on the chart.

By the way, what variation of the MACD are you using currently?

I use FibonacciConfluenceZones. They use prior highs and lows, retracements, expansions, alternates and projections.
MACD is shown below.

Attached Thumbnails
NexGen indicators and review (www.nexgent3.com)-eurusd-15-min-22_02_2011.jpg  
Reply With Quote
The following user says Thank You to Fat Tails for this post: