For those of you who are lurking aorund the world of Viper eminiautotraders and are considering purchase of their garbage systems, check out the thread at mypivots. Looks like these AT scripts are the wood chippers of trading accounts.
download right here from post #8 on the first page and from download section TSSupertrend v2.3
set the _Lin_Reg_Color_Paint_V01 values to 10,30,34. Use Line: Solid ....I've tested it while in the live room for 2 weeks and it works perfect. No need to subscribe since we have our own viper.
Personally I like Gary and Charles. I use their methods and it works perfect.
What amazes me is how simple and effective it is as long as you are willing to risk a wider stop.
No stress, no split second to enter or exit but enough time to put a buy and once filled you put a stop so in case Ninja "freaks" you are protected with your broker.
They do not use any ATM strategy.
I can see from all the post that Viper3 is a small company evolving and adapting quickly as any new business. I guess their partnership with Rich is "offer the black box...come do your sellers speech and charge an extra 100usd to keep". Gary and Charles don't need this Richard and his black box, which I don't recommend.
I understand the need for the TradeAssistant in the market and the good it can do when you are trapped in the zone between live account and demo so nothing to argue in so many post with Zoethecus.
Overall I think ViperTradingSystems.com is a must but expensive and we got it all free here guys.
Still join their live room free for at least two weeks and learn from them. Thanks Charles
Last edited by PiCoTrader; March 28th, 2010 at 08:27 AM.
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I've noticed in the chat room that Gary and Charles are starting to show their live trades, and surprisingly enough they are profitable. But neither of them seem follow the viper rules. If Gary sees the DX go up or down quickly, he takes a 6E/6B trade in the opposite direction, with no regard to the viper line, swings, pivots or support/resistance lines. Charles gets into the trades late and gets out early. But from what they show, both of them are profitable. When Charles marks up the days chart, he shows the ideal entry and exit, unfortunately his live trades are much less profitable. I wonder why Gary says that Charles taught him everything he knows because Gary's live trades are much better than Charles'.
A couple more Charles comments...why does he have to talk over Gary? Why does he scream so much? He loves to hear his own voice I suppose. Charles is so condescending too, yelling out, "this is a no brainer, everyone should be in this trade." But it's after the move has happened and he probably missed it too. He also explained why he's always late to the chat room, it's because he doesn't like to trade from 9:30 to 9:45.