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emini-watch.com

  #21 (permalink)
 rptrader 
MN
 
Experience: Intermediate
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RichardHK View Post
Kleros,

I am still using the better indicators and recently moved to NinjaTrader so had to buy again! That may count as some kind of endorsement. Buying the second time you can get a 50% discount.

I find the Better SineWave to be very useful. Uncannily accurate as you can see from yesterday's attached ES action on a 2000 tick chart. Red = Resistance, Blue = Support. Indicator first appears on next bar so excellent for confirmation with usually more reliable second entries. If you want earlier indication you can use the Better SineWave 2 indicator included that shows the approaching events (below chart). Plenty info on screen already for me though.

ProAm is also useful, but more useful since I installed the Jigsaw DOM so I can now see both market order sizes from the Jigsaw tools, and large limit orders via the ProAm. The Triangle is the ProAm ProExit indicator which along with the various bull and bear divergence circles are useful, but not to be used as 100% setups of course.

Better Momentum helpful for feeling general momentum to back up DOM/tape reading analysis. Only glance at this to see general market balance.

By moving to NinjaTrader (for Jigsaw tools) I missed the multi-chart backup of TradeStations' tabbed windows BUT forcing me to simplify my workspace has actually helped. I no longer follow the multi timeframes as Barry does on his Emini-watch site - but focusing on the single 2000 tick chart with market internals info (TICK/PREM) plus key stocks in the Market Analyzer is all I need.

Better indicators should normally be used as Price Action confirmation, not for entries alone. DOM/order flow also used as confirmation but increasingly getting more useful for exit decisions as well as scalp entries.

Hope that helps. Trust you can decifer the Better Indicators Ok on image. Blue is Pro, Gold is Amateur bars. Sine wave those short blue/red dashed lines. Other lines my own S&R reference levels getting ready for next session.

Richard
Hong Kong



@RichardHK,

Do these indicators have a sound alert that fires when those dots and triangles appear for a potential trade?

Thank you,
rptrader

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  #22 (permalink)
 RichardHK 
Hong Kong
 
Experience: Intermediate
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@kleros

I started with the 5 minutes chart following Al Brooks' price action but was always frustrated with the slow action and endless waiting. Yes, I know patience is a virtue, but wanted more setups to review.

Got into the Better Indicators and set up three tick charts as per BI Barry's site advice and found that Ok (500,1500, 4500t).

Then came across a trader called Mack doing a daily chart review ( PATS Trading) who uses a single 2000t chart which made a lot of sense. As for Al Brooks' approach, the more simple the better, and found the 2000t to be all I needed.

I dropped the lower and higher TFs (667/6000) I had set up with the 200t after moving to NinjaTrader where screen real estate was more difficult to layout (as noted earlier).

Following Mack's lead, I am now very comfortable with one main chart and use the market internals and DOM/T&S for support along with the Better Indicators. I also have a small 5 min chart open as still following Al Brooks' daily updates. The 5 minute can often act as strong support too of course.

@rptrader

Yes, there are alerts for all indicators. Lots of flexibility except that after moving to NinjaTrader I lost many custom sounds due to its inferior audio handling.

Hope that helps.

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  #23 (permalink)
 rptrader 
MN
 
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@RichardHK,

Thank you for the quick reply.

rptrader

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  #24 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
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Saw this free article on JigSawTrading.com's website where someone used Eminiwatch's better ProAm paintbar indicators to help him on a strategy on entries. Basically on the "pro" volume bars in the initial trend direction sometimes leaving consolidation.

Tape Reading - Cumulative Delta

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  #25 (permalink)
 
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 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
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Yes use them primarily for ES...have a section of my screen where it runs. Also have a chart of CL using them. Yes...the Pro/Ams though great....really does not say buy/sell. I use them and supplement with other stuff such as Volume studies / Tick / S&R / VWAP. It helps....but i would probably never trade with them only without my other charts ...especially volume. Hope this helps.

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  #26 (permalink)
 
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 David_R 
San Jose, Ca
Legendary Market Wizard
 
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Barry Taylor of emini-watch.com put together a series of videos called 10 Days to better emini trading. If you sign up to receive the series you will get one video by email each day for 10 days. I found each one to be very good advice for someone that may be struggling. He gives his opinions and ideas that may help one improve their results. It's not a sales pitch for his indicators just things that he himself has done to improve his own trading.

10 Days to Better Emini Trading | Emini-Watch.com

D

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  #27 (permalink)
 
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 ericbrown 
Tulsa, OK
 
Experience: Advanced
Platform: Tradestation, TOS, Python
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David_R View Post
Barry Taylor of emini-watch.com put together a series of videos called 10 Days to better emini trading. If you sign up to receive the series you will get one video by email each day for 10 days. I found each one to be very good advice for someone that may be struggling. He gives his opinions and ideas that may help one improve their results. It's not a sales pitch for his indicators just things that he himself has done to improve his own trading.

10 Days to Better Emini Trading | Emini-Watch.com

D

I've watched the 10 videos and really enjoyed them. Barry does good work.

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  #28 (permalink)
 OpalDragon 
Des Moines, Iowa
 
Experience: Advanced
Platform: Ninja Trader
Trading: 6E, CL, Anything that moves
Posts: 558 since Jun 2012
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RichardHK View Post
Kleros,


Hello Richard!

Great post! and Thanks for the input! Do you still use the E-mini-watch tools?

I had quick question >> I wonder if you could post a few pictures of the Better Mom and the BETTER SINE on CL

with RJay No Gap Range Bars set to 5 tick ? They are great and he gives them on his site for free. /https://www.innovative-trading-solutions-online.com/new/range-no-gap-bars-chart/

Is that possible?

THANKS

OPAL

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  #29 (permalink)
 
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 Big Mike 
Manta, Ecuador
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Swing Trader
 
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OpalDragon View Post
They are great and he gives them on his site for free.

Please link to his site then, a quick search on futures.io (formerly BMT) shows they were only shared in Elite section prior to your post.

Mike

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  #30 (permalink)
 OpalDragon 
Des Moines, Iowa
 
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Big Mike View Post
Please link to his site then, a quick search on futures.io (formerly BMT) shows they were only shared in Elite section prior to your post.

Mike

Alright... Edited

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