Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
Posts: 50,138 since Jun 2009
Thanks: 32,638 given,
98,942
received
Nice work by Richard on these arrows.
10 minute video attached and is worth watching. I need to see a lot more charts on non-trending days, but I'm sure they are pretty good just based on how good the v3 arrows were.
I've always felt the EOT guys are good honest guys and their room is especially helpful for newer traders.
From Oct 1st they have laucnched a new version Bills arrows 4.1. The new arrows are totally 'adaptive' for any market, with no customizable settings whatsoever.
I am waiting for some video to get released from them for this new version, though you can have a lool at it in their free trial room. Looks really impressive ...
No its not the same. Previous versions had many customizable settings (according to ones own individual market). But the new arrows released are 'adaptive' in the sense that there are no settings. They are just applicable to any market any timeframe.
I visited their trial room a couple of times where they trade the ES live. Surely impressed by the arrows. Also, the new arrows have inbuilt chop detection algorithm that avoids choppy areas.
Eotpro leases more than a dozen indicators, but now they use just two to trade. One of them is the Arrows and the other one is Shelly's Volume(new adaptive version). It makes sense... the Arrows analyse the price action and the Shelly's vol analyses the volume. When both point in one direction there is a high probability of a successful trade.
I really like this 'adaptive' concept. No settings.. no hassles
