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PaintBar Factory


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PaintBar Factory

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  #51 (permalink)
Northern California
 
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william View Post
Hi Jeff, do you own the PBF package and did you compare their screenshots with the workspace you proposed on this web site?

Cheers,
William

Many years ago I purchased a few of the Paint bar Factory indicators and used them on Tradestation. I no longer use Tradestation. Subsequent to my purchase I became more "experienced" and found that I could find almost any indicator I could possibly dream of for free.......or if I had an idea for an indicator I could hire a programmer to make the indicator for me.

For the template I posted I just looked at the PBF website and matched what I saw....that's all.

Jeff

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  #52 (permalink)
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Posts: 5 since Feb 2010
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Jeff Castille View Post
Many years ago I purchased a few of the Paint bar Factory indicators and used them on Tradestation. I no longer use Tradestation. Subsequent to my purchase I became more "experienced" and found that I could find almost any indicator I could possibly dream of for free.......or if I had an idea for an indicator I could hire a programmer to make the indicator for me.

For the template I posted I just looked at the PBF website and matched what I saw....that's all.

Jeff

Thank you Jeff, attached my screenshot

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  #53 (permalink)
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To trade off on the Squeeze indicator what are the entry and exits methods. I see on their site it mentions 377T 510T 987 T charts. Yesterday on 233 T 1 point scalp was able to get 5 winning trades in a row. Today hasnt been working well. Any suggestions on some rules to trade it better ?

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  #54 (permalink)
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c0ol2 View Post
To trade off on the Squeeze indicator what are the entry and exits methods. I see on their site it mentions 377T 510T 987 T charts. Yesterday on 233 T 1 point scalp was able to get 5 winning trades in a row. Today hasnt been working well. Any suggestions on some rules to trade it better ?

Hello c00l2:


233 T is very fast try better 377 T.

I'm using all PBF only at ES and i can't make any trade. very narrow.

I'm happy whith this indi's but if price don't move better stay out and see.

i like to see 3 separate Tick charts frames.

I was make a promise to Max , open a Thread whith samples to help

(possibly only for Elite section).

Regards.

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  #55 (permalink)
Orange County, CA
 
 
Posts: 3 since Dec 2009
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In my opinion, the real Holy Grail is knowing the statistical edge of your setup and then using money management to keep your risk/losers small and your winners larger. If you don't know the probabilities of your trading setup, then there is no point in trading. Believe me, I've worked hard to find all sorts of beautiful and complicated looking indicators that have no quantifiable edge. In the end, these were nothing but time sucks, or at best, experiences in learning what not to do. Ultimately it is pure price action in conjunction with key support and resistance levels that will make you profitable if anything will. And the only way to get that knowledge is lots and lots of screen time and practice. Hope this helps...

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  #56 (permalink)
Oro Valley
 
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Hi Jeff:


Jeff Castille View Post
If you're still thinking of spending your hard earned money on PBF indicators.... look what you can do for free. Sharky's ECO bars, Roonius' squeeze, 30 SMA High/Low channel, 89 and 49 EMA colored and a 14 HMA colored thrown in for good measure.

I went looking for these in NT7 and didn't have much luck other than Roonius' squeeze. I'm sure they are in the 6.5 area but wanted to ask whether or not they might still be compatible with NT7.

Thanks

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  #57 (permalink)
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kszyman59 View Post
Hi Jeff:



I went looking for these in NT7 and didn't have much luck other than Roonius' squeeze. I'm sure they are in the 6.5 area but wanted to ask whether or not they might still be compatible with NT7.

Thanks

I don't know......you can try them and see.......some 6.5 indicators work in 7.

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  #58 (permalink)
Undisclosed
 
Experience: Intermediate
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Jeff Castille View Post
If you're still thinking of spending your hard earned money on PBF indicators.... look what you can do for free. Sharky's ECO bars, Roonius' squeeze, 30 SMA High/Low channel, 89 and 49 EMA colored and a 14 HMA colored thrown in for good measure.

Hello, where I can find all of the above indicators on this forum? I've searched in the NT7 downloads section, but no luck :-( Thanks!

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  #59 (permalink)
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,783 given, 3,292 received


mercuryfx View Post
Hello, where I can find all of the above indicators on this forum? I've searched in the NT7 downloads section, but no luck :-( Thanks!

Here is my take on the Paintbar Factory stuff in Ninja 7. The squeeze is in countertrend mode.......the moving average cross is a 49/89 EMA the "Itunnel" is a 10 SMA set to high/low and the signals (yellow dots) are generated by JeffsDots set to HMA 14.

This is not a set up that I use..........I just built the template for fun.

Jeff

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Attached Files
Register to download File Type: zip PaintbarFactory.zip (65.2 KB, 306 views)
Register to download File Type: xml PAINTBAR FACTORY.xml (64.8 KB, 221 views)
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  #60 (permalink)
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Experience: Intermediate
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Jeff Castille View Post
Here is my take on the Paintbar Factory stuff in Ninja 7. The squeeze is in countertrend mode.......the moving average cross is a 49/89 EMA the "Itunnel" is a 10 SMA set to high/low and the signals (yellow dots) are generated by JeffsDots set to HMA 14.

This is not a set up that I use..........I just built the template for fun.

Jeff

Jeff - Thank you so much! Sincerely appreciated! I actually purchased 2 copies of the PBF system for 3 grand this past summer while still a novice trader not knowing a thing and running across PBF's page I thought I had found the Holy Grail. Man was I a sucker considering If I had only found this forum first I could've used all that money to actually trade.

Anyhow, since I dished out so much money on the system, I actually have been using it to build my own system around it and now trying to develop an automated trading strategy (but I need this free set without restrictions to do that) as all the PBF indicators are locked up.

*** Would you happen to know of anything like the Overbought Oversold indicator that PBF sells? Thanks again for your response!
Thanks again!

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