Has anyone bought this indicator (www.autotraderninja.com) -- banned on BMT - futures io
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Has anyone bought this indicator (www.autotraderninja.com) -- banned on BMT


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Has anyone bought this indicator (www.autotraderninja.com) -- banned on BMT

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  #1 (permalink)
 benrock 
hampton bays
 
Experience: Master
Platform: ninjatrader , TOS
Broker: CQG
Trading: FUTURES
 
Posts: 85 since Mar 2012

I was looking for a good fibonacci tool and came accross this on the 3rd party page autotraderninja.com , i thought it was a automated system but its a fibonacci indicator , looks interesting

any feedback would be appricated please , thanks

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  #3 (permalink)
 spiderbyte87 
Portland, OR
 
Experience: Intermediate
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Posts: 82 since May 2013
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benrock View Post
I was looking for a good fibonacci tool and came accross this on the 3rd party page autotraderninja.com , i thought it was a automated system but its a fibonacci indicator , looks interesting

any feedback would be appricated please , thanks

no but have you tried the multitude of free fib indicators out there and on this site?

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  #4 (permalink)
 spiderbyte87 
Portland, OR
 
Experience: Intermediate
Platform: Ninjatrader
Trading: CL
 
Posts: 82 since May 2013
Thanks: 17 given, 48 received


benrock View Post
Yes I have tried them all and more , lol

This one looks very different then what I have seen
It has the stop . Entry. Targets . And the fib calculations fit the way I draw them now
free is good but $200 won't kill me either , I have spent a lot more on worse

if it's exactly what you need then buy it, what is there to lose but a measly $200? My advice is to stop looking for indicators because they wont make you profitable, but that is exactly the same advice I didn't follow for a VERY long time before I "figured it out".

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  #5 (permalink)
 srgtroy 
Legendary Market Wizard
Los Angeles, California Republic
 
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Let us know if you do end up trying it out. While I'm skeptical, it does look somewhat enticing. Hopefully, it does not come with the distracting music in the video, though

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  #6 (permalink)
 dnkhoward2 
Dover, Fl
 
Experience: Intermediate
Platform: NinjaTrader 8, Oanda
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Posts: 158 since Mar 2013
Thanks: 864 given, 166 received

Hey guys,

I saw this free indicator a while back and it looks similar to what is being looked at here.
Here is a link to a free Fib supertrend indicator; SuperTrend Indicator Based on Fibonacci - FreeIndicators.com

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  #7 (permalink)
 Daytrader999 
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Ilsede, Germany
 
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benrock View Post
sure thing srgtroy , i was skepticalat first but its just a indicator that draws the fibs for me ,there is no gaurentees it will make any money for me , so if it does what it says its golden for $200 , ill let you know in a few days how she looks

I don't know if one can get this somewhere for free, but - especially in regards to the price - I'll give it a shot as well.
This could be a good addition to my existing 'trading arsenal'.

BTW, I like the music in the videos...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #8 (permalink)
 Daytrader999 
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benrock View Post
ill post somethoughts on friday !!

Looking forward to your thoughts, I'm going to post some trades as well as soon as I'm familiar enough with this method.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #9 (permalink)
 spiderbyte87 
Portland, OR
 
Experience: Intermediate
Platform: Ninjatrader
Trading: CL
 
Posts: 82 since May 2013
Thanks: 17 given, 48 received

I hate to be a negative nancy, but don't get too excited just yet. Forward test this bad boy on several markets for a couple of weeks before you risk real money.

Also, don't be too concerned with dollar amounts. When you stop trying to be correct and worry about risk management you'll start to see the money roll in.

keep us updated on your progress!

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  #10 (permalink)
 srgtroy 
Legendary Market Wizard
Los Angeles, California Republic
 
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Trading: ES
 
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benrock View Post
ok so i took a few days to try this out and today all i can say is i wish i wasent in sim , I mostly trade ZB and Es and ES was little shacky today so i just focused on ZB and this is what i did , took entry off the green and sold one at top and then trailed 2nd with green trailer , sweet!!! $1375 , lol still lot to learn but i do like what i see so far



lol that is sweet! Keep us posted! Do you think it is just dynamically shifting the fib retracements or is it doing more then that?

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