hobo361

IMO: Kind of witchcraft for a newbies... I wonder how much it cost ...
trend indicator = based on SlingShot(ema(18), ema(34))
 
https://www.sendspace.com/file/2d1yfw
pw: i...-i...
 
But of course I can be wrong because of lack any information.

Does anyone have this and can share...
 
 
When composing new threads, please use correct title name in the title bar....thanks

very simple-
renko spectrum will take out most of the noise so if you look at a chart using r-s you will see some continuity in most of the time.
So all you have to do is just count the amount of bars ( renko s ) and do not take a signal unless you had at least a certain amount of bars same color.
For example- in the ES using renko spectrum 2-1 i will not take a trade unless the leg is made out of at least 6 or more bars, this will make sure that if you enter a chop or sideways area you will not get hurt.
Going to post some examples in the new thread- navi trades in a few so take a look there soon.

problem with TF is that it moves very fast and you might get a lot of slippage or just bad fills most of the time.
i would test your method on the es knowing that almost every trade can be executed with limit orders.
 
one suggestion though is to filter the size of the leg and if its too short then disable the entry.- that is the best way to locate chop- no need for indicators.

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http://i57.tinypic.com/2551g5d.jpg

http://i60.tinypic.com/o7kck0.jpg

I have found this very old stuff. http://www.s+++endspace.com/file/wel5bu