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Hi again - I don't think you will get a large number of replies to your continual questions. You keep posting random, non-focused requests that jump from one trading topic/style/indicator to another.
I will aim to help you one more time, but after this, that is it.
Locate a publication called The Triangle Trading Method by David N. Windover. It isn't difficult to find but could be useful if you are going to stick to this particular style of trading. This isn't an indicator but he shows you the specifics of what to look for in identifying and trading this particular pattern.
I implore you to concentrate on at least one trading approach before you move on to the next.
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- Trade what you see. Invest in what you believe -
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Hi userque, thanks for posting that information. I have heard good reports about this company. It is dissapointing that you did not receive any acknowledgement or reply from bcsandy who started the thread. They, Patternsmart, are a user friendly company in so far as you can do a free trial for any indicator for $30 and that $30 will be applied to any purchase of a trial. I think that is fair value.
No need to buy, this is a free common indicator with different names. Just download the Indicator AutoTrendLine (also, a default NT) indicator from the NinjaTrader forum. There are several versions (AutuTrendLinesV2, AutoTrendHNT8, etc.) that you can research for here and on NinjaTrader.
Another indicator is DowTheory that does the same thing and you can find it here. All these indicators draw the up and down trends based on variable swing size that form the two sides of a triangle