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I been tradestation for about two years now and never took full control of the radar scanner or scanner. I know they are both very powerful and was wondering if you can share some of your ideas how your looks and what you use it for?
I use mostly floor trader pivots and OHLC so I don't have a use for radar screen. But I been making my way over to option trading and might be useful there.
Love you hear you ideas and thoughts!
Can you help answer these questions from other members on NexusFi?
use a moving average as a trend filter. an example would be when you get a close above or below the 8 day EMA on weekly,daily , 240 min. 60 min time frames the trend would be considered strong an ok to trade in that direction. if its a mixed bag ,no trading until the picture is clear. you can then scan a basket to search for instruments in that market state or better just ready to flip to that market state. do not ask me how to do that on trade station. there software and data is good but they suck as a broker.