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I trialed it 2 years ago and found it useful. You can use your own rsi 2/3 period, Heiken ashi bars to overlay your 1 minute chart bars and a Keltner Channel. A little more to it than that but a nice design over all. However, unaware whether or not you could consistently make money with it -- risk to reward and all.
Has anyone tried the Navitrend trendacator lately?? Was wondering if anyone has had any success with them. I like how they use renko bars. I am seriously thinking about giving them a test drive for a month.
Hi Ken, could you elaborate a little more on how you think it works. I am using the RJ Renko bars at the moment with regular success. But any more edge using them would be appreciated.
Ken, the attached picture is the setup I have been using with regular success. Most of my losing trades taken when renko penetrates the keltner is due to lack of momentum. That is the last key I have been looking for. Have been messing around with ADX etc, but nothing solid yet.
saw a webinar today. He is up to 2995 per year LEASE, not purchase, wow.
I asked for results based on live account....
He did not answer.
It does look cool and has some nice auto stop features, but without results I can't see paying that kind of money.
I was all ready to take them up on their intro deal of $1477 for a year, however....seems strange to me that I have asked them several times to put me in contact with one of their long term customers, so I could ask a couple of questions, or even just give me a days worth of data with their charts on it, so I could compare to what I am doing already to see if it would be worth getting.
Guess what....asked several times....and no answer to any of it.