Having looked at a few of the vids etc. It seems that there are similar system that have been developed here at Big Mikes already eg.(all you need developed by Jeff Castille) (sorry cant post links as yet) which is a trade in the direction of the trend... Not sure what the solid yellow line does in observing it... And in observing the color changes seems to do it right when I trend line would be breached. The bottom indicator looks to be a sophisticated stochastic of sorts as it shows divergences at times... Anyways just a quick observation, but will look into a little more...
P.S. just found out what the solid yellow line may be - used for stops or auto stops
The following 2 users say Thank You to Spiffydude for this post:
You are most welcome emini Holy Grail. They may have an Open House in 1Q 2010. If yes, you will have a flavor of their DayTrading room (regular at $159 or $250/month for KP and non-KP subscribers respectively).
I tried 2 DayTrading Rooms before. Did not work for me as I cannot just follow the moderators' call-out trades "blindly". I'm not sure about the KP one and it's quite expensive for me since I'm not a KP subscriber. I learned from the chatroom that they often finish before 11:00 am with 2-3 good trades most of the time.
we made most of their indicators here already for free i had their stuff a year ago or so and decided that i could use free indicators and get the same results...sharky
KILLING THE MARKETS DAILY
The following 2 users say Thank You to sharky for this post:
To me simple is better..... I don't want to look at too many indicators. Besides, all indicators are doing is telling me is what the price is doing so.... why not learn to read price action? Some of the tools that help me do this are the 50 EMA and …
