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PaintBar Factory


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PaintBar Factory

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  #61 (permalink)
Iowa
 
 
Posts: 2 since Aug 2010
Thanks: 4 given, 1 received

I unfortunately paid for every indicator and 2 weeks later found them all on two other Forums. What irritated me more was when talking with them about purchasing I was assured of support. To my surprise I was always referred to the website and that I could find all the answers there. A huge waste.

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  #62 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
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Posts: 9,846 since Mar 2010
Thanks: 4,238 given, 26,684 received


farmer View Post
I unfortunately paid for every indicator and 2 weeks later found them all on two other Forums. What irritated me more was when talking with them about purchasing I was assured of support. To my surprise I was always referred to the website and that I could find all the answers there. A huge waste.


There are thousands of websites that have little or nothing to offer. These sites are run by multi-level marketing professionals, who are selling anything from snake-oil to real estate on the moon.

Often you can identify them by their appearance. The main page can be scrolled down and the same or similar messages are repeated again and again. The main objective is to take as much money as possible, when you first purchase, because they know that you will never return.

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  #63 (permalink)
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
 
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Posts: 409 since Jun 2009
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farmer View Post
I unfortunately paid for every indicator and 2 weeks later found them all on two other Forums. What irritated me more was when talking with them about purchasing I was assured of support. To my surprise I was always referred to the website and that I could find all the answers there. A huge waste.

I'm in the same boat as you, I pretty much bought all of them for Tradestation, HUGE waste of money, however I did get support from the owner. He was late most of the times mind you.

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  #64 (permalink)
usa
 
 
Posts: 1 since Feb 2011
Thanks: 0 given, 0 received

i thought i was on to something when i found paint bar factory. then i found big mike's. i have spent an embarrassing amount of time looking for a way to make a few pips daily. my only conclusion: different strokes for different folks, there is nothing out there that works for everyone.

just sell me a package of indicators with instructions or a book with some rules i can learn or an ea. make it simple, i'm no wizard!

still looking.....

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  #65 (permalink)
Buffalo NY
 
Experience: Intermediate
Platform: Ninja, Tradestation
Broker: Glocapmarkets
Trading: FDAX,FOREX,GOLD,NQ,CL
 
Posts: 35 since Dec 2009
Thanks: 8 given, 10 received

you just have to seep it simple. you can get dazzled with all types of colors and indicators but in the end does it give you enough of an edge to be successful. get a few simple chart patterns down to look for and then everything else falls into place.

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  #66 (permalink)
Market Wizard
Berlin, Europe
 
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Posts: 9,846 since Mar 2010
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Hi Mark,

the iTunnel is overpriced. It can be coded in a few minutes. All you need to do:

-> select a smooth moving average
-> add n ticks for the upper channel
-> deduct n ticks for the lower channel
-> change the color of the channel when the slope changes from positive to negative or vice-versa

Alternatively, you can apply any moving average to the High series and then again to the Low series. The chart attached shows a Tillson T3, colored, with period 35 applied to Highs and Lows. It is not exactly identical to the iTunnel, but you can try with various moving averages and periods to find your personal tunnel.

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  #67 (permalink)
Kansas City, MO
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Euro Futures
 
Posts: 26 since Jul 2011
Thanks: 8 given, 2 received

That looks really good! I don't have an option to add or deduct ticks. Is there a specific SMA indicator that I need to download here to allow me to do that?

Thank you for replying!

Mark

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  #68 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
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Posts: 9,846 since Mar 2010
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msedlak40 View Post
That looks really good! I don't have an option to add or deduct ticks. Is there a specific SMA indicator that I need to download here to allow me to do that?

Thank you for replying!

Mark

You need to code it. But alternatively you can apply any moving average to the highs and then again to the lows.

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  #69 (permalink)
Northern California
 
Experience: Intermediate
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Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
 
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Posts: 2,119 since Jun 2009
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Or.....you can take the moving average or your choice and choose on the input series high for one and low for the other and presto.....you've got yourself a channel.

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  #70 (permalink)
Kansas City, MO
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Euro Futures
 
Posts: 26 since Jul 2011
Thanks: 8 given, 2 received


Thank you for your help. You guys are awesome!

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