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
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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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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Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 798 since Oct 2009
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?
TSSupertrend v2.3
SuperTrend uses ATR (average true range) to identify when the trend has changed direction. You can combine this with multiple moving average types to smooth the averages, and you are left with a super effective indicator that can be …
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