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Arrows Painting 2 bars back
Started:June 12th, 2009 (03:12 PM) by Saroj Views / Replies:1,373 / 0
Last Reply:June 12th, 2009 (03:12 PM) Attachments:1

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Arrows Painting 2 bars back

Old June 12th, 2009, 03:12 PM   #1 (permalink)
Elite Member
Arcata, CA
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: index futures, oil
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Arrows Painting 2 bars back

See the attached Word doc to see what I've been observing on the placement and timing of the turn indicator arrow. Not necessarily a big deal, but you need to understand it if basing trades off of it or contemplating an autotrade strategy based on it. Looking at the charts retrospectively it appears to be a very early signal, but in fact it is painted one bar BEFORE the actual trigger occurs (and really 2 bars, cause the next bar has started already).

This analysis and the images were done with the file posted by sam at 01:53PM today (6/12)

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Register to download File Type: doc arrow painting issue 2009 06 12 b.doc (122.0 KB, 72 views)
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