yamantaka Posted March 28, 2014 Report Share Posted March 28, 2014 So, the setup is old and worn out with--and to no surprise--simple indicators that have been baptized by this religious outfit. Okay, the moderator is a good trader, fair enough; but your chances of becoming like him are low. That's why you'll have to pay for the room ad infinitum with the hopes of shadowing his trades. Just pray he doesn't disappear because your withdrawal will be painful. Wanderer 1 Quote Link to comment Share on other sites More sharing options...
⭐ fxwin Posted March 28, 2014 Report Share Posted March 28, 2014 So, the setup is old and worn out with--and to no surprise--simple indicators that have been baptized by this religious outfit. Okay, the moderator is a good trader, fair enough; but your chances of becoming like him are low. That's why you'll have to pay for the room ad infinitum with the hopes of shadowing his trades. Just pray he doesn't disappear because your withdrawal will be painful. My guess is that it's up to you. If you'll decide to become good with the slingshot, no doubt that you are going to make money with it. You don't need to take their trading room, there is plenty of free material in their youtube channel. Quote Link to comment Share on other sites More sharing options...
⭐ flipper26 Posted March 29, 2014 Report Share Posted March 29, 2014 The CFRN method is called "Slingshot", it's a classical one and basically about trying to catch high probability pullbacks. The setup is: 1. the prices are coming to the EMA (they call it the BBC). 2. Slow smoothed stochatics is in "over bought" or "over sold" - which means that there is a significant trend. 3. Fast smoothed stochastics is following the movement of the price to catch the pullbacks. The indicators are: 1. The BBC = 21 EMA. 2. Slow Stoch: %D:5, %K:21, Smoothing:7 You should make the K transperent and leave the smoothed line. 3. Fast Stoch: %D:2, %K:7, Smoothing:2 You should make the K transperent and leave the smoothed line. 4. There is a faster MA with color change - You could use the BBT_MA for it (search for the BBT indictors in the forum) . This system is very good in trending markets and very bad in ranging markets. You could filter out the ranging markets. Thus when the EMA is flat and the faster MA is dancing around it. IMHO, Michael is a very good trader and I really advice everyone to try out the CFRN trading room for their 1 week free. Good luck @fxwin, do you have a stochastics for Ninja that shows the D,K and smoothing lines? If so can you post here. What are your settings on the BBT_MA? thanks. Quote Link to comment Share on other sites More sharing options...
tradernate Posted March 29, 2014 Report Share Posted March 29, 2014 Use a colored HMA with a 10 period and that will mimic the MA @fxwin, do you have a stochastics for Ninja that shows the D,K and smoothing lines? If so can you post here. What are your settings on the BBT_MA? thanks. ⭐ flipper26 and Wanderer 2 Quote Link to comment Share on other sites More sharing options...
⭐ fxwin Posted March 29, 2014 Report Share Posted March 29, 2014 Hi flipper26, The standard stochasics in ninjatrader has D, K and smoothing. You could use the default values of the BBT_MA More material about the slingshot (also called 2X) here: http://www.trading-naked.com/Jimmer.htm http://www.trading-naked.com/Slingshot.htm And another version of catching pullbacks / slingshot using CCI (No. 5 in the list): http://www.trading-naked.com/CCI_Setups_by_Fitzy.htm Good luck Wanderer and ⭐ flipper26 2 Quote Link to comment Share on other sites More sharing options...
tradernate Posted March 29, 2014 Report Share Posted March 29, 2014 Darktrader...the elbow indicator seems to be an ATR indicator using a vwma 2.0 to 4.0 ATR. with either a 10 or 14 period. Can get it under BBT_Trend. Set the plot to line vs. the standard hash. Anybody have their Elbow indicator? I don't see it in their trial files. Wanderer and Darktrader 2 Quote Link to comment Share on other sites More sharing options...
⭐ flipper26 Posted March 29, 2014 Report Share Posted March 29, 2014 Hi flipper26, The standard stochasics in ninjatrader has D, K and smoothing. You could use the default values of the BBT_MA More material about the slingshot (also called 2X) here: http://www.trading-naked.com/Jimmer.htm http://www.trading-naked.com/Slingshot.htm And another version of catching pullbacks / slingshot using CCI (No. 5 in the list): http://www.trading-naked.com/CCI_Setups_by_Fitzy.htm Good luck I know the standard stochastics has settings for D, K and smoothing but you said make "K" transparent and leave the smoothing line so I thought you meant that you would then have 2 lines - D and a smoothing line. Maybe I misunderstood what you were saying. Anyway, thanks for the links, I have been on the trading-naked site before, lots of interesting stuff. Wanderer 1 Quote Link to comment Share on other sites More sharing options...
Nukem Posted April 3, 2014 Report Share Posted April 3, 2014 Has this been patched yet. What about those who have taken the trial? Any feed back? Some have slammed the site as a scam and others made negative comments about it, yet its listed in Futures Truth as reputable with the potential of generating $20k to $100k per year. Read about it here. http://media.wix.com/ugd/cc5378_31ee778346e145eba928fac5758cfe32.pdf Quote Link to comment Share on other sites More sharing options...
keifer Posted June 25, 2014 Report Share Posted June 25, 2014 Here's the trial again if someone can educate [email protected]/file/yq5bgl @=a 0=o Quote Link to comment Share on other sites More sharing options...
admis Posted June 25, 2014 Report Share Posted June 25, 2014 Here's the trial again if someone can educate No comments. pw: known for a regular readers https://www.sendspace.com/file/fimlb7 ⭐ stocktrader78, Ganymed, Stefco and 15 others 18 Quote Link to comment Share on other sites More sharing options...
⭐ santoshv2k Posted June 25, 2014 Report Share Posted June 25, 2014 Thanks admis for sharing. Can someone share CFRN SlingShot also? san Quote Link to comment Share on other sites More sharing options...
admis Posted June 25, 2014 Report Share Posted June 25, 2014 I don't understand all the excitements about this package. Where do you see the value of it? newbie0101 1 Quote Link to comment Share on other sites More sharing options...
tryitagainmf Posted June 25, 2014 Report Share Posted June 25, 2014 I don't understand all the excitements about this package. Where do you see the value of it? Actually NO EXCITEMENT for me whatsoever, mate. Just saying THANKS for your effort! Cheers! Mick newbie0101 and admis 2 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted June 25, 2014 Report Share Posted June 25, 2014 Where do you see the value of it? Tough question to answer for II members since it's free. If it were more than $10.00, I'd say there was no value. admis 1 Quote Link to comment Share on other sites More sharing options...
tradernate Posted June 25, 2014 Report Share Posted June 25, 2014 I had a friend who trades there system.....he did well, and still does well. He never wanted to become a full time trader, just to learn and he has taken 5 years and they helped him become profitable. Are the indis worth 2K...no, but hand holding a bunch of people who still want to do things that they learned from the past and can still cannot be profitable is worth 2k. The key is that you have to trust your trainer....my friend said without there so-called hand holding he would have never made it. All he wants to make is 200 per day before work, and has a 250 day loss. Trades 1 car, since that what he likes and is less pressure. He doesn’t trade everyday (outside sales job), but does a lot of replay, either in the am or night before. The key is they are trustworthy according to my friend….and he likes the system. They really use a lot of Support and Resistance along with how they use the indicators for entries. He said they were honest in the room, whether live or not. He never once heard did you get that trade, when it was a phantom entry from other rooms. true....despicable.....more reason to make this available to all.....I heard they want 2k for this ...religious organization charging 2k for this is pure greed..... Traderbeauty, Nukem, Wanderer and 3 others 6 Quote Link to comment Share on other sites More sharing options...
Nukem Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) Originally Posted by PolyPokket true....despicable.....more reason to make this available to all.....I heard they want 2k for this ...religious organization charging 2k for this is pure greed..... Hey tradernate, Thanks for posting your friends experience.Its good to hear there are honest folks selling systems and not taking advantage of those wanting to learn. 2k might be seem high but greed is not an accurate description. Most of us live in a country where the free market eventually dictates the price of a product. Value is what drives customers to your wares. The developer has the right to charge what they want, we don't have to buy. We, however, have the good fortune to be able to test and determine whether there is any value in the product for ourselves without having to fork out all that cash in advance. Edited June 26, 2014 by Nukem tradernate, Wanderer, Traderbeauty and 1 other 4 Quote Link to comment Share on other sites More sharing options...
keifer Posted June 26, 2014 Report Share Posted June 26, 2014 Thanks admis for sharing. Can someone share CFRN SlingShot also? san It's called CFRN OSC in the indicators list Quote Link to comment Share on other sites More sharing options...
V2xvix Posted June 26, 2014 Report Share Posted June 26, 2014 Dear, Does anyone know, how to use it ? too much lines regards, Quote Link to comment Share on other sites More sharing options...
keifer Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) Dear, Does anyone know, how to use it ? too much lines regards, blue/red line is the higher time frame stochastic cycle. If it's red and at the lows then there is a down trend in effect. Use the green line which is the lower timeframe cycle to time a sell entry ie: get in on a pullback. Personally I find it too busy visually and the same entry can be found using just the YBR indicator and the 21EMA. If price below the YBR then look for shorts and enter on a pullback to the 21EMA followed by a bar close down. Add in some selective trade location and swing point analysis and you will do alright Edited June 26, 2014 by keifer yamantaka 1 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted June 26, 2014 Report Share Posted June 26, 2014 blue/red line is the higher time frame stochastic cycle. If it's red and at the lows then there is a down trend in effect. Use the green line which is the lower timeframe cycle to time a sell entry ie: get in on a pullback. Personally I find it too busy visually and the same entry can be found using just the YBR indicator and the 21EMA. If price below the YBR then look for shorts and enter on a pullback to the 21EMA followed by a bar close down. Add in some selective trade location and swing point analysis and you will do alright I agree 100% with the entire post. Quote Link to comment Share on other sites More sharing options...
V2xvix Posted June 26, 2014 Report Share Posted June 26, 2014 Dear Yam & Keifer, means the indicator is garbage stuff ? Quote Link to comment Share on other sites More sharing options...
tradernate Posted June 26, 2014 Report Share Posted June 26, 2014 FWIW...the MA or what its called is MA1 is a HMA 21 blue/red line is the higher time frame stochastic cycle. If it's red and at the lows then there is a down trend in effect. Use the green line which is the lower timeframe cycle to time a sell entry ie: get in on a pullback. Personally I find it too busy visually and the same entry can be found using just the YBR indicator and the 21EMA. If price below the YBR then look for shorts and enter on a pullback to the 21EMA followed by a bar close down. Add in some selective trade location and swing point analysis and you will do alright newbie0101 1 Quote Link to comment Share on other sites More sharing options...
⭐ santoshv2k Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) Thanks keifer blue/red line is the higher time frame stochastic cycle. If it's red and at the lows then there is a down trend in effect. Use the green line which is the lower timeframe cycle to time a sell entry ie: get in on a pullback. Personally I find it too busy visually and the same entry can be found using just the YBR indicator and the 21EMA. If price below the YBR then look for shorts and enter on a pullback to the 21EMA followed by a bar close down. Add in some selective trade location and swing point analysis and you will do alright Edited June 26, 2014 by santoshv2k Quote Link to comment Share on other sites More sharing options...
yamantaka Posted June 26, 2014 Report Share Posted June 26, 2014 Dear Yam & Keifer, means the indicator is garbage stuff ? The indicators are in the public domain under other names. Why pay for them? They are not proprietary. And what difference does it make? It's not about the indicators, but the trader who is teaching you. Quote Link to comment Share on other sites More sharing options...
Guest jjfunds Posted June 26, 2014 Report Share Posted June 26, 2014 yam we can build here alternatives?for that indicators? Quote Link to comment Share on other sites More sharing options...
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