Anyone here using this setup for quotetracker? The indicators have so many option I'm not sure I'm doing this right
Another no_pm special. This one was from the 5 min YM chart. Short YM from 10832 at 12:16 p.m. EST. A gift from no_pm that keeps on giving.
I'm having trouble with the new parabolic exit, does not look like much. Maybe I'm doing something wrong.
It is not clear why your chart doesn't work right. If you can be more specific, others might be able to help. Posting a chart and listing all the setting options would help too. But you really don't have to have that, just exit the trade when it hit the other side of the ban. BTW, hope you did not miss this one today...
I just read all 50 pages. I learned a lot from this thread. I will take what I can from it and move forward. I would like to thank all the contributers so far. Regards, Steve
I just manually backtested about 12 months of the Daily E-minis using this system. Basically it was not successful because of 2 reasons. The Keltner channel range was very wide making the stops unacceptable. There where trends during that period that did not fade from Nov 2004 to dec 2005.