I would agree I'm hooked on it. A more refined form of slot machine addiction. I'm looking at other ways now to try to score swing trades. I know what you mean about closing down NT to stop myself from trading anymore Thanks for the praise about the stochastics. To be honest, it wasn't too involved. What clued me in was during the instructional tt webinar, he mentioned the limitations of stochastics at the boundaries while introducing SwingCycleVB. So I tried to make a couple of stochastics look like it. Then lo and behold, it looks very similar and would seem to confirm that SwingCycleVB at it's core is simply a couple of stochastics. Maybe one day I'll attempt to implement the down/up/neutral colors on the SwingCylce-like stochastic and the BB squeeze colorchange on the VB-like stochastic. Here it is again. I want people to see it then compare what's offered in swingcycleVB for purchasing it.
The ninjaindicators4u guy emailed me notification of an updated indicator, of course a separate fee "upgrade".
Just posting for "completeness" of this review thread.
As you know, cycles are measured from top to top or bottom to bottom. This measurement is the dominant cycle length of the equity. By dividing this number in half, you get the length of the cycle from the bottom to the top and from the top to the bottom of each cycle. By entering that number into the DCLen input of the SwingCycle VB indicator, you can greatly increase the accuracy of the indicator. Another way to put it is that this is a way to optimize the SwingCycle VB indicator.
Hi, yes I believe so. On one stochastics the K curve was made transparent, while the other stochastic omitted the D curve. The numerical settings for each of the 2 stochastics, are shown in the old .jpg ; Sorry, but I'm not in the mood to dig out my old copy of the SwingCycleVB after being disgusted and embarrassed with myself for falling for the set of indicators.
Last edited by Cloudy; August 7th, 2013 at 06:59 PM.
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Thanks @Cloudy. Maybe this will make you feel a little better knowing that other people do it too.
I had been trading options for four years and time decay kept kicking my butt so I switched to futures in Jan of this year. I knew I needed to get better at staying with the trend, so I did a little digging and found some trading system designed to help me stay in longer. $3400 later I am not using them at all. I am using my same system with some tweaked indicators from here.
But wait it gets better. I have been wanting to learn order flow for a while so I did my homework ( not well enough though) and found a guy that said he could teach me. The course was 5k and I put 2k down and would pay the rest later. It only took a couple days to a week to find out he wouldn't be teaching that at all. just some fib stuff and some indicators I didn't need.
I am no means a noobie trader but I have made some stupid decisions like that this year.
Have a great day and thanks for replying
The following user says Thank You to dnkhoward2 for this post:
Thanks dnkhoward2 for sharing. I appreciate the consolation thoughts. Sorry you had those experiences with
dubious vendors too.
A few more notes about ninjaindicators4u which I hope is not overdoing the review. I initially got fooled
into thinking the guy's videos were true as he was making > 4 points on the ES daily according to his recap.
After trying it out and being frustrated I contacted him. He replied that his recap goes over the "best trade of the day" and not necessarily going over losers which proved my suspicions I'd been had because he never showed any losers, and as usual no money management or how far to hold out on a trend etc. According to his background info
shared on the site, he was a former MD, and obviously he's elderly sounding from the videos so the only
sympathetic understanding I had was that maybe he's truly financially desperate at this point in his life to constantly
make outrageous claims in his daily videos with the TT indicators (www.ninjaindicators4u.com) , and that he must have helped people in his former career and life. So I just left it at that but in any case, I've tried to warn others through this review thread. Plus it's stated on the site there is no refund.
Last edited by Cloudy; August 8th, 2013 at 03:19 AM.
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