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Trend GRaBer
I wrote this indicator based on a chart setup used by Raghee Horner for trading currency pairs but it can be applied to any instrument. So, credit for the idea goes to Ms. Horner.
Although this indicator is very simple, it is very powerful when used correctly. The indicator is a trend following setup that will keep one out of choppy markets and on the right side of the trend.
It is helpful to watch one of Raghee's seminars on IBFX to understand how this indicator is applied.
Enjoy!!
Added on October 10, 2011:
Here is a link to free Raghee Horner's eBook on this setup.
https://www.dailyforextradingedge.com/sites/default/files/ebook.pdf
Added on November 2, 2011
When I see Raghee in a couple of weeks in Traders' Expo in Las Vegas I will discuss specifics of this setup and report back.
Also, will tell her that "Tiberius" said" You didn't tell me that Raghee was so good looking. Because she is."
Added on November 6, 2011
Revised to add shading to show EMA as a band. Just replace the older version.
Exported using:
NT 7.0.10000.7
Category
The Elite Circle
Details:
Trend GRaBer
Category:
The Elite Circle
October 7th, 2011
Size: 4.50 KB
1006
aligator
Comments/ratings
jta3
October 8th, 2011 07:42 AM
Nice
MasterSS
October 12th, 2011 01:02 PM
Thank You
kauai35
October 13th, 2011 02:29 AM
No Comment
renvik
October 13th, 2011 02:38 PM
Well done Mr. Alligator; I use Ms. Raghee's moving averages, but did not have a graber. Thank you.
Kumar
Tiberius
October 26th, 2011 02:58 PM
You didn't tell me that Raghee was so good looking. Because she is.
Bobi
November 1st, 2011 07:42 AM
thank you.
dee50
November 1st, 2011 12:04 PM
Thanks. Works a treat.
flyg
November 5th, 2011 04:54 PM
Excuse my ignorance, but is there a way to convert to TS?
kiro
November 8th, 2011 04:41 AM
Thank You !
titantrader
November 9th, 2011 05:04 PM
Thanks!
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