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Create this indicator

  #11 (permalink)
 Blz17 
Seattle
 
Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Trading: 6B
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sam028 View Post
BLZ, test with these parameters.

Here's the 6E with those parameters matching the same time frame as traderwerks screenshot from above. Still seems similar but I never see the S and R lines cross as they do in any of the other screenshots.

Blz

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  #12 (permalink)
 
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 websouth 
Perdido Beach, AL
Market Wizard
 
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Blz - look closer at sams post.... change the entry/exit parameters to red/blue and make the support/resistance parameters transparent...

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  #13 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009



Blz17 View Post
Where'd you get that screen shot Zoe? It seems incredibly similar to TRO Dynamic S/R but I never see the lines cross in TRO's as they do in your screenshot. I could just be my lack of familiarity with the settings on TRO's indi.

Blz

I got it in a spam-mail from some vendor whose name escapes me.

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  #14 (permalink)
 Blz17 
Seattle
 
Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Trading: 6B
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websouth View Post
Blz - look closer at sams post.... change the entry/exit parameters to red/blue and make the support/resistance parameters transparent...

Well I'm thoroughly embarrassed. Perhaps I'll actually pay attention next time. Thanks web.

Blz

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  #15 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009

My interest is whether those simple rules in the annotated chart produce a profit with this thing. Thought I'd test it out.

How come no one has posted the indicator for download yet?

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  #16 (permalink)
 
websouth's Avatar
 websouth 
Perdido Beach, AL
Market Wizard
 
Experience: Intermediate
Platform: graph paper
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Posts: 1,209 since Jul 2009
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you can get it from link in post #3

it works about 50% of the time like most indicators...solid concept. Good in trends...brutal in chop...

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  #17 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


websouth View Post
you can get it from link in post #3

it works about 50% of the time like most indicators...solid concept. Good in trends...brutal in chop...

Just what the world needs. Another indicator that works in trends and and gets crushed in chop.

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Last Updated on November 16, 2009


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