I have kind of taken alittle bit here and a whole lot of Sharky's ideas. Hope some may find this useful. If used correctly seems to work on most charts. An idea I will throw out there, upon entry you can also use the ATR as your initial stop. Only have a day working on this so far....any comments or other ideas are appreciated.
The following 3 users say Thank You to fesx for this post:
you guys are really impressing me im so happy people are starting to look at consolidation more, you guys are so close to being great traders/scalpers keep it up and keep working together the more ideas you share with each other the more you will all grow...sharky
Hoping after you look at a few more charts you will understand how useful the ATRTrailingStop indicator will help you. If nothing else, use it as a stop. When I use it as a stop upon entry of a trade, I will only let it stop me out of a trade upon close of the bar.
The following 2 users say Thank You to fesx for this post:
Hi FESX
Thanks for posting.
How do you go with the blue hist bars on your eco indicator? If you resize the screen/panels it changes the ratio. Any ideas?
very interesting Vast....I never realized this.....I was looking at the eco2new indicator recently and tried everything to size the blue histogram bars in the setting panel...so that is how you do it...hahahahaahaha....not sure I like this...I would have preferred something that was fixed and not dependent upon the sizing of the panel...very interesting...thanks for making me aware of this
No problem. I picked it up after Sharky posted it. I mentioned it to him as well. He was very surprised. So he pulled it and was trying to develop it another was, were it was fixed.
I have kind of taken alittle bit here and a whole lot of Sharky's ideas. Hope some may find this useful. If used correctly seems to work on most charts. An idea I will throw out there, upon entry you can also use the ATR as your initial stop. Only …
I lack some of them like the scalper or the white dots...
