Hi guys. Have you tried the TTM ( Day Trading Indicators) indicators? I saw some movies about TTM squeeze indicator and it looks very powerfull. They are avaiable for NinjaTrader. I'd like to read something good of it here in the forum before buying it.
all indicators are available for NT here or NT forum. Indicators are as good as any other indicators. I got used to them, but most powerful are EMA(8) and EMA(21)
I have heard that Carter is successful trader, at least I am of that impression after reading his book and following some of his daily video. I understand that his job is to make money, wherever money come from, so may be not necessarily that if something is for sale is good (indicators in this case).
But Carter is the TRADER, anything coming from him deserve my concentrated attention.
On this forum we as a community come to common conclusion that there is no "best" indicator, so I arguably think that TTM indicators are good, unless somebody could show me better ones.
i tried paint bar factory,carters ttm,roy kelly,and net pick umt, i didnt care for any of them i did like the ttm paintbars untill i made my own but im not a fan of the squeze or scalper bars and things like that, i did look at the pivot points they looked good but i never used them because i just dont use piviots to trade with...sharky
I'd like to add that if you want to pay for quality indicators and coaching, go with EOTProLive. I'm currently on a free trial. It's awesome. The trading room + indicators cost $233/mo. Trading room only is $144/mo. The trading room shows all his charts and his entries and exits. Plus he's there commenting almost all day, unlike a lot of other trading rooms I've been to. His indicators called the opening rally today (08/12) and right now it's up 15 points (12PM EST). Bill also shows the CL and ZN. He's a pretty fun and energetic guy and that's a plus because sitting in front of your computer on a choppy day can be pretty boring. Anyways, hope you guys appreciate the feedback. You can google EOTPro Free Trial. I think there is a link to a free Friday trial.
In his book he has a YM gap fade strategy. You know where he got it? He ripped it off from another website. He took the same exact image and put it in his book! He eventually settled with the original author and there is a non-disclosure on it. I didn't believe until I saw the original web page with the charts & stats.
After I discovered this I was less interested in Carter. i'm not saying he can't trade, but I'm just suspicious about it all.
If you like the TTM indicators you can download them free on Roonius' site (tradingstudies.com) The Roonius squeeze is better in my opinion because you can use it in 3 different modes. He also has the value chart. Then all you need is 4 moving averages. (8,21,50,200 EMA) and the Scalper( which is basically a swing High/low)
The following 4 users say Thank You to Jeff Castille for this post:
i new name for a trading range. the signals that do not work are better . wait until the damn thing fires, when it does not brake in the correct direction and trades back inside the range go that way. then you can squeeze the stops of the brake out traders, put your stop on the other side of the brake out bar. target the other side of the range, remember most brake outs fail. i like to trade the brake out failure. not the brake out
The following user says Thank You to forgiven for this post:
its brake out failure you know want it means. i though the tread was about the squeeze indicator. i quit sticking the little quotes to my computer years ago. the trend is your friend until it ends...Forgiven
Regards, NMTrader
