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Viper Trading Systems Indicator


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Viper Trading Systems Indicator

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  #21 (permalink)
United States of America
 
Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009


burchak View Post
Another great indicator is from the PaintBarFactory it is the Fast 3MA

You pay $197.00 for the 2EMA Color indicator and the 3MA is free. You can adjust its sensitivity. There isn't much out there that can match it.

Why are you promoting a vendor's products in this thread, let alone being off topic?

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  #22 (permalink)
Vancouver, British Columbia Canada
 
 
Posts: 13 since Nov 2009
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Thanks for posting chart - Could someone post a zip for that MACD? Thought I had that one... Thanks Spiffy

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  #23 (permalink)
sarasota fl
 
 
Posts: 42 since Dec 2009
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the viper system will appeal to all rookies, but you will need some trading experince to make it work. Z1 trend bars from the download file will be pretty close. Good luck

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  #24 (permalink)
USA
 
Experience: Intermediate
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I was a Viper member for several months and also tried the auto-trader for a month. Gary and his wife are great people. A little of Charles goes a long way. If you search, you will find replicates of the indicators that they are using both here and on other forums. The only thing that Gary added was drawing boxes around congestion areas. You just saved $99 per month.

As for the auto-trader, I was an original subscriber, who never got it to work. The first iteration was not ready for prime time, curve fitted, and took huge draw downs. It was subsequently shelved and reworked. I did not stick around for the so called new and improved TF auto-trader. Their partner in this is some dude named Richard Staiton. He is mighty full of himself, and if a question is raised about his auto-trader it is rebuffed mightily. Save your money and the draw downs in your account.

Best of luck in your trading.

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  #25 (permalink)
Toronto
 
Experience: Intermediate
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Just a thought that I wanted to add , why do you guys want to waste more money on indicators ? there is no magic system that will show you exactly where the buy or sell entries , I would advise to take a look at all the indicators in the free download area and see for yourself , i have found that a good old EMA would keep me in the trend as good as any other sophisticated indicator , please keep your money , and try to master one setup only , sim it and play it back later using the market replay tool and do it again , until you feel comfortable enough to put real money , and then start with the smallest size possible and the less risky market out there ( YM or NQ ) and work on it again until you feel good about it .
"repetition is mother of all skills "
Just my 2 cents , I hope it helps !

Cheers and happy holidays !

"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
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  #26 (permalink)
Nashville TN USA
 
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gfg1 View Post
I was a Viper member for several months and also tried the auto-trader for a month. Gary and his wife are great people. A little of Charles goes a long way. If you search, you will find replicates of the indicators that they are using both here and on other forums. The only thing that Gary added was drawing boxes around congestion areas. You just saved $99 per month.

As for the auto-trader, I was an original subscriber, who never got it to work. The first iteration was not ready for prime time, curve fitted, and took huge draw downs. It was subsequently shelved and reworked. I did not stick around for the so called new and improved TF auto-trader. Their partner in this is some dude named Richard Staiton. He is mighty full of himself, and if a question is raised about his auto-trader it is rebuffed mightily. Save your money and the draw downs in your account.

Best of luck in your trading.

gfg1,

You are spot-on in your analysis of Viper Trading Systems and the folks involved.

I also was an autotrader subscriber for 1 month and I created a spreadsheet of their backtested performance, something they don't offer. See attached.

There is a long thread about these guys over at the mypivots.com forum.
https://www.mypivots.com/Board/Topic/4508/-1/eminivipercom


-Tom

Attached Files
Register to download File Type: xls Viper AT results.xls (2.12 MB, 321 views)
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  #27 (permalink)
jodhpur
 
 
Posts: 31 since Nov 2009
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Attetion new, struggling and Holy Grail seeking traders (who are the lifeblood of vendors selling snakeoil).

Bites from Viper, Cobra, and Anaconda may be fatal to your account

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  #28 (permalink)
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
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Posts: 798 since Oct 2009


burchak View Post
Here is a shot of my trading screen today

you've got EOT, TStrend and PBF,

what a combination and convoluted choice set, how did you come to that?

also, what or where is this 3EMA?, what does it do, or make it so significant?

ok, off topic from this thread

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  #29 (permalink)
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
 
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Posts: 798 since Oct 2009


gfg1 View Post
I was a Viper member for several months and also tried the auto-trader for a month. Gary and his wife are great people. A little of Charles goes a long way. If you search, you will find replicates of the indicators that they are using both here and on other forums. The only thing that Gary added was drawing boxes around congestion areas. You just saved $99 per month.

As for the auto-trader, I was an original subscriber, who never got it to work. The first iteration was not ready for prime time, curve fitted, and took huge draw downs. It was subsequently shelved and reworked. I did not stick around for the so called new and improved TF auto-trader. Their partner in this is some dude named Richard Staiton. He is mighty full of himself, and if a question is raised about his auto-trader it is rebuffed mightily. Save your money and the draw downs in your account.

Best of luck in your trading.

thorough conclusions, not to be argued with,

I too subscribed, and returned, but having significant control issues (what with being a former options floor trader) with releasing control to an auto trader and watching my hard earned dwindle on what seemed right.

I too mother hubbard, and have argues with abandoning the concept for manual trading and simply missing some incredible entries and long home run trades. but oh well, can't bat 500, let alone 1000.

ok, here is there new and improved manual system screen shot. what I want to ask is:

1) identify the offset arrow indicator that points direction

2) using the ADXVMA indicator, oops, did I just answer my question, what other indicator do you see on their chart?

3) what other donchian channel, oops (Madonnna) I did it again, what other indicator do you see?

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  #30 (permalink)
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
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Posts: 6,002 since Jun 2009
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looks like suppertrend indicator set it to line instead of hash

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