Anyone have experience with Boomerang Scalp Trader system
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saw a webinar from them that was a part of the hotcom series... I believe Mohan is associated with this ...He had a High 5 method to predict daily market movement... It seems fairly straightforward and isnt very expensive..However they dont address how to deal with choppy markets other than to stay way..LOL...If there method was to deal with how specifically to aviod the chop or when to take trades then after chop then it would have merit...GL
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Have been using for about six months with some success.
It is inexpensive software with clear methodology behind it.
I have augemented it with the Trade Bias Line and recently added two indicators from Big Mikes downloads.
Works well and far better than some of the expensive junk i have been sucked into in the past.
I used the supertrend indicator as well as the TSI. I just added the awesome oscillator also to see how that meshed with the others.
TSI, the Force Indicator, and the supertrend seem to work well.
The following 3 users say Thank You to Bob6307 for this post:
i bought the junk software from indicator ware house. it uses a 4 tick range bar ..add on an 9 an 18 ems when you get a moving average cross it fires a signal... add on a simple osslator ....if above mid-point just take longs below just shorts ..stop 2 points targets 3 to 4... it works on trend days... chopped to bits the rest of the time...forget about this kind of B.S.
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If there method was to deal with how specifically to aviod the 
