Anyone knows about Voodoo Lines from Simpler Trading? - futures io
futures io futures trading



Anyone knows about Voodoo Lines from Simpler Trading?


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one srgtroy with 4 posts (7 thanks)
    2. looks_two Rrrracer with 4 posts (6 thanks)
    3. looks_3 cory with 3 posts (4 thanks)
    4. looks_4 azmaester with 2 posts (0 thanks)
      Best Posters
    1. looks_one Grantx with 4 thanks per post
    2. looks_two srgtroy with 1.8 thanks per post
    3. looks_3 Rrrracer with 1.5 thanks per post
    4. looks_4 cory with 1.3 thanks per post
    1. trending_up 6,212 views
    2. thumb_up 24 thanks given
    3. group 7 followers
    1. forum 18 posts
    2. attach_file 3 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Anyone knows about Voodoo Lines from Simpler Trading?

(login for full post details)
  #1 (permalink)
Munich Germany
 
Experience: Master
Platform: NinjaTrader
Broker: IB
Trading: Dax FDAX
 
toughtrades's Avatar
 
Posts: 5 since Dec 2017
Thanks: 4 given, 1 received

Hello,

I came across Voodoo Lines on the SimplerTrading HP, and Im not sure if it really worth $ 1000 or just a gimmick? If someone uses it or has used it, would be great to read your opinion on it. Thank you

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Data for the YM and RTY for NT8 to practice on?
NinjaTrader
Market Position Indicator
The Elite Circle
Automatic pattern research with NT
Elite Algorithmic NinjaTrader Trading
MACD line not plotting after change of plot order
NinjaTrader
Indicators for pair trading MES and M2K
Platforms and Indicators
 
 
(login for full post details)
  #3 (permalink)
Webinar Host
Indianoplace, IN
 
Experience: Intermediate
Platform: SierraChart
Broker: CQG
Trading: All Micros, especially the ones that move
 
Rrrracer's Avatar
 
Posts: 2,382 since Feb 2017
Thanks: 16,388 given, 8,993 received


"The Voodoo Lines uncover hidden levels of possible support and resistance which might not otherwise be visible until price starts reacting at the Lines. We call them Voodoo Lines because the underlying techniques are based on Fibonacci analysis and Elliott waves dark arts to some. But dont worry, you dont need to need to know a thing about Elliott waves or Fibonacci levels to incorporate the power of the Voodoo into your trading; The Voodoo Lines do the work for you. "

All this for $997 up front, and only $47/month afterwards? Man... we need to get into the indicator business @Grantx

Seriously, sounds a bit pricey for a tool that is included in most charting software (fibonacci.)



I couldn't help but chime in. Sorry I didn't have anything more noteworthy to offer @toughtrades

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to Rrrracer for this post:
 
(login for full post details)
  #4 (permalink)
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,029 since Jun 2009
Thanks: 845 given, 7,893 received

with this much lines, you should get many hits, the good news you can calculate them yourself
once ELow = 666.4
once EHigh = 1220.1
// Number of levels 1-3
levels = 3

// Fire lines
if levels >= 1 then
once F1 = Elow
once F2 = Ehigh
once F3= (Ehigh-Elow)*0.618 + Ehigh
once F4 = (Ehigh-Elow)*1.618 + Ehigh
once F5 = (Ehigh-Elow)*3.236 + Ehigh
endif

//Three lines
if levels >= 2 then
once T1 = F1 + (F2-F1)*0.382
once T2 = F1 + (F2-F1)*0.618
once T3 = F2 + (F3-F2)*0.382
once T4 = F2 + (F3-F2)*0.618
once T5 = F3 + (F4-F3)*0.382
once T6 = F3 + (F4-F3)*0.618
once T7 = F4 + (F5-F4)*0.382
once T8 = F4 + (F5-F4)*0.618
endif

//Snow lines
if levels >= 3 then
once S1 = F1 + (T1-F1)*0.382
once S2 = F1 + (T1-F1)*0.618
once S3 = T1 + (T2-T1)*0.382
once S4 = T1 + (T2-T1)*0.618
once S5 = T2 + (F2-T2)*0.382
once S6 = T2 + (F2-T2)*0.618
once S7 = F2 + (T3-F2)*0.382
once S8 = F2 + (T3-F2)*0.618
once S9 = T3 + (T4-T3)*0.382
once S10 = T3 + (T4-T3)*0.618
once S11 = T4 + (F3-T4)*0.382
once S12 = T4 + (F3-T4)*0.618
once S13 = F3 + (T5-F3)*0.382
once S14 = F3 + (T5-F3)*0.618
once S15 = T5 + (T6-T5)*0.382
once S16 = T5 + (T6-T5)*0.618
once S17 = T6 + (F4-T6)*0.382
once S18 = T6 + (F4-T6)*0.618
once S19 = F4 + (T7-F4)*0.382
once S20 = F4 + (T7-F4)*0.618
once S21 = T7 + (T8-T7)*0.382
once S22 = T7 + (T8-T7)*0.618
once S23 = T8 + (F5-T8)*0.382
once S24 = T8 + (F5-T8)*0.618
endif

Attached Thumbnails
Click image for larger version

Name:	vd18.png
Views:	654
Size:	20.5 KB
ID:	260087  
Reply With Quote
The following 2 users say Thank You to cory for this post:
 
(login for full post details)
  #5 (permalink)
Munich Germany
 
Experience: Master
Platform: NinjaTrader
Broker: IB
Trading: Dax FDAX
 
toughtrades's Avatar
 
Posts: 5 since Dec 2017
Thanks: 4 given, 1 received


cory View Post
with this much lines, you should get many hits, the good news you can calculate them yourself
once ELow = 666.4
once EHigh = 1220.1
// Number of levels 1-3
levels = 3

// Fire lines
if levels >= 1 then
once F1 = Elow
once F2 = Ehigh
once F3= (Ehigh-Elow)*0.618 + Ehigh
once F4 = (Ehigh-Elow)*1.618 + Ehigh
once F5 = (Ehigh-Elow)*3.236 + Ehigh
endif

//Three lines
if levels >= 2 then
once T1 = F1 + (F2-F1)*0.382
once T2 = F1 + (F2-F1)*0.618
once T3 = F2 + (F3-F2)*0.382
once T4 = F2 + (F3-F2)*0.618
once T5 = F3 + (F4-F3)*0.382
once T6 = F3 + (F4-F3)*0.618
once T7 = F4 + (F5-F4)*0.382
once T8 = F4 + (F5-F4)*0.618
endif

//Snow lines
if levels >= 3 then
once S1 = F1 + (T1-F1)*0.382
once S2 = F1 + (T1-F1)*0.618
once S3 = T1 + (T2-T1)*0.382
once S4 = T1 + (T2-T1)*0.618
once S5 = T2 + (F2-T2)*0.382
once S6 = T2 + (F2-T2)*0.618
once S7 = F2 + (T3-F2)*0.382
once S8 = F2 + (T3-F2)*0.618
once S9 = T3 + (T4-T3)*0.382
once S10 = T3 + (T4-T3)*0.618
once S11 = T4 + (F3-T4)*0.382
once S12 = T4 + (F3-T4)*0.618
once S13 = F3 + (T5-F3)*0.382
once S14 = F3 + (T5-F3)*0.618
once S15 = T5 + (T6-T5)*0.382
once S16 = T5 + (T6-T5)*0.618
once S17 = T6 + (F4-T6)*0.382
once S18 = T6 + (F4-T6)*0.618
once S19 = F4 + (T7-F4)*0.382
once S20 = F4 + (T7-F4)*0.618
once S21 = T7 + (T8-T7)*0.382
once S22 = T7 + (T8-T7)*0.618
once S23 = T8 + (F5-T8)*0.382
once S24 = T8 + (F5-T8)*0.618
endif

Thank you , this is the Calculation for the whole Lines. So this I use for example in NT8 ? Can you tell me how to do it. Or where I can read up on it how to implant it? Thank you for your help

Started this thread Reply With Quote
 
(login for full post details)
  #6 (permalink)
Legendary Market Wizard
Los Angeles, California Republic
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
 
srgtroy's Avatar
 
Posts: 1,936 since Jan 2011
Thanks: 1,375 given, 3,714 received

I thought it was done just by fractalizing fib retracements -- ie -- placing them inside each other. For instance on SPX:




It is an interesting methodology. The price of this free info is you have to let us know how it works

Learn The Rules Well So You Can Break Them Effectively
Reply With Quote
The following 2 users say Thank You to srgtroy for this post:
 
(login for full post details)
  #7 (permalink)
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,029 since Jun 2009
Thanks: 845 given, 7,893 received


toughtrades View Post
Thank you , this is the Calculation for the whole Lines. So this I use for example in NT8 ? Can you tell me how to do it. Or where I can read up on it how to implant it? Thank you for your help

NT8 has builtin @CurrentDayOHL and @Pivots that calculate High and Low you just need to copy the code and add more lines from those calculations.

Reply With Quote
The following user says Thank You to cory for this post:
 
(login for full post details)
  #8 (permalink)
Webinar Host
Indianoplace, IN
 
Experience: Intermediate
Platform: SierraChart
Broker: CQG
Trading: All Micros, especially the ones that move
 
Rrrracer's Avatar
 
Posts: 2,382 since Feb 2017
Thanks: 16,388 given, 8,993 received


srgtroy View Post
I thought it was done just by fractalizing fib retracements -- ie -- placing them inside each other.

Very interesting @srgtroy, I've not seen that done before... also looks like it could be a source of great confusion at the same time

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #9 (permalink)
Legendary Market Wizard
Los Angeles, California Republic
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
 
srgtroy's Avatar
 
Posts: 1,936 since Jan 2011
Thanks: 1,375 given, 3,714 received


Rrrracer View Post
Very interesting @srgtroy, I've not seen that done before... also looks like it could be a source of great confusion at the same time

I'm just trying to confuse everybody else...that's my edge

There is a cool symmetry to it...it might even work but I haven't really had the time to try it. The good news is you don't need to program anything. Just use the standard fib retracement tool...like a crayon.

Learn The Rules Well So You Can Break Them Effectively
Reply With Quote
The following 2 users say Thank You to srgtroy for this post:
 
(login for full post details)
  #10 (permalink)
Webinar Host
Indianoplace, IN
 
Experience: Intermediate
Platform: SierraChart
Broker: CQG
Trading: All Micros, especially the ones that move
 
Rrrracer's Avatar
 
Posts: 2,382 since Feb 2017
Thanks: 16,388 given, 8,993 received


OK... for the micro scalpers and HTF guys, we shall put fibs inside of fibs... AND (wait for it!)... FIBS inside of FIBS inside of FIBS ad effing infinitum! Hey man, the markets are fractal in nature... lol...

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Rrrracer for this post:
 
(login for full post details)
  #11 (permalink)
Legendary Market Wizard
Los Angeles, California Republic
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
 
srgtroy's Avatar
 
Posts: 1,936 since Jan 2011
Thanks: 1,375 given, 3,714 received


Rrrracer View Post
OK... for the micro scalpers and HTF guys, we shall put fibs inside of fibs... AND (wait for it!)... FIBS inside of FIBS inside of FIBS ad effing infinitum! Hey man, the markets are fractal in nature... lol...

You're gonna end up in the fibatorium...right next to me!

Learn The Rules Well So You Can Break Them Effectively
Reply With Quote
The following 3 users say Thank You to srgtroy for this post:
 
(login for full post details)
  #12 (permalink)
Webinar Host
Indianoplace, IN
 
Experience: Intermediate
Platform: SierraChart
Broker: CQG
Trading: All Micros, especially the ones that move
 
Rrrracer's Avatar
 
Posts: 2,382 since Feb 2017
Thanks: 16,388 given, 8,993 received


srgtroy View Post
You're gonna end up in the fibatorium...right next to me!


Oh man, I like them.. when they work lol...

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #13 (permalink)
Legendary no drama Llama
Reading UK
 
Experience: None
 
Posts: 1,786 since Oct 2016
Thanks: 2,806 given, 5,015 received


Rrrracer View Post
OK... for the micro scalpers and HTF guys, we shall put fibs inside of fibs... AND (wait for it!)... FIBS inside of FIBS inside of FIBS ad effing infinitum! Hey man, the markets are fractal in nature... lol...

Lol sounds like the tracebuster buster BUSTER. Remember this line:


Quoting 
This motherfucking Tracebuster will keep that motherfucker from tracing our shit. Know what I say?
It can also trace the motherfucker that's tracing your shit!
What if they got a Tracebuster, too?
That's why I've got this Tracebuster Buster.
When a motherfucker try to bust your trace with a Tracebuster... this will bust the motherfucking tracebuster that's busting your trace.


Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to Grantx for this post:
 
(login for full post details)
  #14 (permalink)
Monterey CA
 
Experience: Advanced
Platform: IB TWS
Broker: IB
Trading: Bonds, Stocks, Futures, Options
 
Posts: 5 since Nov 2018
Thanks: 83 given, 5 received


Rrrracer View Post
OK... for the micro scalpers and HTF guys, we shall put fibs inside of fibs... AND (wait for it!)... FIBS inside of FIBS inside of FIBS ad effing infinitum! Hey man, the markets are fractal in nature... lol...

Oh... !

The Markets Are Fractal In Nature... Is That A FIB or KNOT.......

Great Topic and Posts you guys... all of it was interesting and it also made me chuckle...

Sir Edge...

Reply With Quote
 
(login for full post details)
  #15 (permalink)
London
 
 
Posts: 1 since Sep 2019
Thanks: 1 given, 0 received

Hi Cory, I was looking at your code for the voodoo lines. In the example, could you please tell me what does ELow and EHigh represent? Where do you get the values 666.4 and 1220.1 for these variables? Thanks.



cory View Post
with this much lines, you should get many hits, the good news you can calculate them yourself
once ELow = 666.4
once EHigh = 1220.1
// Number of levels 1-3
levels = 3

// Fire lines
if levels >= 1 then
once F1 = Elow
once F2 = Ehigh
once F3= (Ehigh-Elow)*0.618 + Ehigh
once F4 = (Ehigh-Elow)*1.618 + Ehigh
once F5 = (Ehigh-Elow)*3.236 + Ehigh
endif

//Three lines
if levels >= 2 then
once T1 = F1 + (F2-F1)*0.382
once T2 = F1 + (F2-F1)*0.618
once T3 = F2 + (F3-F2)*0.382
once T4 = F2 + (F3-F2)*0.618
once T5 = F3 + (F4-F3)*0.382
once T6 = F3 + (F4-F3)*0.618
once T7 = F4 + (F5-F4)*0.382
once T8 = F4 + (F5-F4)*0.618
endif

//Snow lines
if levels >= 3 then
once S1 = F1 + (T1-F1)*0.382
once S2 = F1 + (T1-F1)*0.618
once S3 = T1 + (T2-T1)*0.382
once S4 = T1 + (T2-T1)*0.618
once S5 = T2 + (F2-T2)*0.382
once S6 = T2 + (F2-T2)*0.618
once S7 = F2 + (T3-F2)*0.382
once S8 = F2 + (T3-F2)*0.618
once S9 = T3 + (T4-T3)*0.382
once S10 = T3 + (T4-T3)*0.618
once S11 = T4 + (F3-T4)*0.382
once S12 = T4 + (F3-T4)*0.618
once S13 = F3 + (T5-F3)*0.382
once S14 = F3 + (T5-F3)*0.618
once S15 = T5 + (T6-T5)*0.382
once S16 = T5 + (T6-T5)*0.618
once S17 = T6 + (F4-T6)*0.382
once S18 = T6 + (F4-T6)*0.618
once S19 = F4 + (T7-F4)*0.382
once S20 = F4 + (T7-F4)*0.618
once S21 = T7 + (T8-T7)*0.382
once S22 = T7 + (T8-T7)*0.618
once S23 = T8 + (F5-T8)*0.382
once S24 = T8 + (F5-T8)*0.618
endif


Reply With Quote
 
(login for full post details)
  #16 (permalink)
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,029 since Jun 2009
Thanks: 845 given, 7,893 received


marco2004 View Post
Hi Cory, I was looking at your code for the voodoo lines. In the example, could you please tell me what does ELow and EHigh represent? Where do you get the values 666.4 and 1220.1 for these variables? Thanks.

I just copied them from internet,my guess; those number were from session high and low. You can replace them with yesterday high and low or monthly high and low and see what you get.

Reply With Quote
The following user says Thank You to cory for this post:
 
(login for full post details)
  #17 (permalink)
Columbus
 
 
Posts: 14 since Mar 2017
Thanks: 0 given, 12 received

To be honest, it seems as if 1000 for any indicator is asking a lot. I mean - if it is worth that, then why sell it? Sometimes, you have to use Occam's Razor.

Reply With Quote
The following user says Thank You to clockwork71 for this post:
 
(login for full post details)
  #18 (permalink)
Baltimore MD
 
 
Posts: 4 since Feb 2021
Thanks: 1 given, 0 received

This is great Im using this calculation to make a TOS script. There is now a thing called skylines. Which is a section after the snow lines. Any idea what that calculation might be if we were to go down another layer into this? Thanks for your help!

Reply With Quote
 
(login for full post details)
  #19 (permalink)
Baltimore MD
 
 
Posts: 4 since Feb 2021
Thanks: 1 given, 0 received


cory View Post
with this much lines, you should get many hits, the good news you can calculate them yourself

once ELow = 666.4

once EHigh = 1220.1

// Number of levels 1-3

levels = 3



// Fire lines

if levels >= 1 then

once F1 = Elow

once F2 = Ehigh

once F3= (Ehigh-Elow)*0.618 + Ehigh

once F4 = (Ehigh-Elow)*1.618 + Ehigh

once F5 = (Ehigh-Elow)*3.236 + Ehigh

endif



//Three lines

if levels >= 2 then

once T1 = F1 + (F2-F1)*0.382

once T2 = F1 + (F2-F1)*0.618

once T3 = F2 + (F3-F2)*0.382

once T4 = F2 + (F3-F2)*0.618

once T5 = F3 + (F4-F3)*0.382

once T6 = F3 + (F4-F3)*0.618

once T7 = F4 + (F5-F4)*0.382

once T8 = F4 + (F5-F4)*0.618

endif



//Snow lines

if levels >= 3 then

once S1 = F1 + (T1-F1)*0.382

once S2 = F1 + (T1-F1)*0.618

once S3 = T1 + (T2-T1)*0.382

once S4 = T1 + (T2-T1)*0.618

once S5 = T2 + (F2-T2)*0.382

once S6 = T2 + (F2-T2)*0.618

once S7 = F2 + (T3-F2)*0.382

once S8 = F2 + (T3-F2)*0.618

once S9 = T3 + (T4-T3)*0.382

once S10 = T3 + (T4-T3)*0.618

once S11 = T4 + (F3-T4)*0.382

once S12 = T4 + (F3-T4)*0.618

once S13 = F3 + (T5-F3)*0.382

once S14 = F3 + (T5-F3)*0.618

once S15 = T5 + (T6-T5)*0.382

once S16 = T5 + (T6-T5)*0.618

once S17 = T6 + (F4-T6)*0.382

once S18 = T6 + (F4-T6)*0.618

once S19 = F4 + (T7-F4)*0.382

once S20 = F4 + (T7-F4)*0.618

once S21 = T7 + (T8-T7)*0.382

once S22 = T7 + (T8-T7)*0.618

once S23 = T8 + (F5-T8)*0.382

once S24 = T8 + (F5-T8)*0.618

endif



This is great Im using this calculation to make a TOS script. There is now a thing called skylines. Which is a section after the snow lines. Any idea what that calculation might be if we were to go down another layer into this? Thanks for your help!

Reply With Quote


futures io Trading Community Platforms and Indicators > Anyone knows about Voodoo Lines from Simpler Trading?


Last Updated on February 5, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts