Yes, it's the same 1/3 of Keltner high - low. In this case at 12:15 ct I had 1270.44 for high and 1265.06 for the low. The diff. was 5.38 and 1/3 of it is 1.79333 which I round up to 2.0 pts.
IMO trading two methods on one chart will drive you nuts, Ozzy. Just stick to the rules and trade it flawlessly.
Trade just hit opposite side of Keltner channel at 1268.25 so now I use the trailing parabolic stop until stopped out or the close.
Hey, npp, I think you should start a new journal based on your original divergence indicators. I'd like to see it once again. I've been reading up on your old post from 2 years ago - I'm gonna try to set it up and see how it goes. How's trading full time working out for you? more or less the same result or do you find yourself "pressured" to make more money to compensate for the job?
Hi, and thanks for posting your system! One question: the change from volume-based Chaikin to price-based CCI means that volume is no longer a factor. I'm curious what lead you to remove volume from a system that was originally based on divergence between price and volume. Was it perhaps related to the change from SP to ES for signal generation? Thanks.