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Paint bar blind test
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Created: by Zoethecus Attachments:1

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View Poll Results: Whic indicator paints the bars best
_Zeller_Sharkfin 14 53.85%
PB2 4 15.38%
PB3 8 30.77%
Voters: 26. You may not vote on this poll

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Paint bar blind test

  #1 (permalink)
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Paint bar blind test

There is a multitude of paint bar study indicators on this forum. One of the more popular is the _Zeller_Sharkin pictured below with a setting of 2 which some submit is good at predicting a turn in direction.

The other two are modifications of indicators which are available on futures.io (formerly BMT), but have no paint bar parameter.

So, let's take a vote. Of the three, which one would you want to use based on these pictures, recognizing you don't have the access to "test" the other two.

_Zeller_Sharkifin_paintbars
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PaintBar2
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PaintBar3
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Last edited by Zoethecus; December 18th, 2009 at 09:22 PM.
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  #2 (permalink)
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You should roll CL over to 02-10 on the third Thursday of the month Just fyi...

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i like the zeller sharkfin

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nice work zoethecus.

your paint bar 3 even beats my paint bar, which is more designed for ES 4 range charts. also like # 2, because there're no gray bars. for me trend is like price. it either goes up or down, no neutral.

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  #5 (permalink)
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Just had an epiphany about paint bar studies. I don't need them. I guess that's because I've never found any that give me enough confidence to trust them in a trading decision. I always have a doubt lingering in the back of my mind.

Having said that, I reserve the right to change my mind, but for now, I'm using white candles with black outlines. I hope the withdrawal won't be too painful to make me relapse to the "paint" for a fix.

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sharky View Post
i like the zeller sharkfin

I knew you'd say that!

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i switch back and forth depending on what time frame im trading sometimes i use the sharkfin and sometimes i use the eco2 new paint...sharky

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Sorry, what are PB2 and PB3?

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wuolong View Post
Sorry, what are PB2 and PB3?

PB2: DonMA_PaintBars

PB3: _Lin_Reg_Color_Paint_v02

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sharky View Post
i switch back and forth depending on what time frame im trading sometimes i use the sharkfin and sometimes i use the eco2 new paint...sharky

sharky, can you share how you use the sharkfin?

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