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Paint bar blind test
Updated December 25, 2009
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Zoethecus
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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%
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#1 (permalink
United States of America
Experience: Advanced
Platform: NT
Posts: 1,149 since Aug 2009
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.BMT ), but have no paint bar parameter._Zeller_Sharkifin_paintbars PaintBar2 PaintBar3
Can you help answer these questions
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#2 (permalink
Site Administrator
Manta, Ecuador
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You should roll CL over to 02-10 on the third Thursday of the month
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#3 (permalink
MIAMI,FL
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i like the zeller sharkfin
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#4 (permalink
Market Wizard
Columbus, OH
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nice work zoethecus. 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
United States of America
Experience: Advanced
Platform: NT
Posts: 1,149 since Aug 2009
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.
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#6 (permalink
United States of America
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sharky
i like the zeller sharkfin
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#7 (permalink
MIAMI,FL
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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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#8 (permalink
Canada
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Sorry, what are PB2 and PB3?
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#9 (permalink
United States of America
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wuolong
Sorry, what are PB2 and PB3?
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#10 (permalink
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sharky
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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#11 (permalink
MIAMI,FL
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if i did that i would have to walk you thru my whole style of trading/scalping im not up for a class right now that would be a thread of its own...sharky
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#12 (permalink
Westlake, Oh
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My vote went to the Sharkfin.
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#13 (permalink
United States of America
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Riverend
My vote went to the Sharkfin.
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#14 (permalink
Bellingham, WA
Experience: Intermediate
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Isn't Lin Reg the same as Sharkfin?
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#15 (permalink
Bellingham, WA
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Who made the DonMa paintbar?
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#16 (permalink
United States of America
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Platform: NT
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Dragon
Isn't Lin Reg the same as Sharkfin?
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#17 (permalink
United States of America
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Dragon
Who made the DonMa paintbar?
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#18 (permalink
the coin hunter
virginia
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we may have to do paint bar shootout some day.
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#19 (permalink
Bellingham, WA
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I would be interested in taking a look at the DonMA paintbar if you are willing to share. Otherwise I may be tempted to post a request to create one because it sounds like a good idea. I don't use paintbars either but like Mike says, its always fun playing with a new toy for a few days. I have played around with ATR and Swing stuff a lot so the DonMA paintbar sounds cool. Although a simple ma cross or price cross doesn't work that consistently from what I have seen so I would like to see how you implemented the paintbar.
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#20 (permalink
Bellingham, WA
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Cory,
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#21 (permalink
MIAMI,FL
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yes the sharkfin is made from a lin reg...sharky
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#22 (permalink
Westlake, Oh
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Zoethecus
Please share with us why.
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#23 (permalink
United States of America
Experience: Advanced
Platform: NT
Posts: 1,149 since Aug 2009
Riverend
It helps verify end of trend. I don't use the bars for entry.
Last Updated on December 25, 2009
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