Hi, Today the indicator I'm using made another 8 pts in the ER. I thought you'll find this interesting. Check the chart 1 hr before the close. Nothing easier than following what the market will do. The grey line is the prediction.
Dan05 - Looks cool I had two good LONG's to finish up the day with the ER2....... http://www.charthub.com/images/2006/09/19/Untitled_1_6.png Second trade had some legs into the close........ http://www.charthub.com/images/2006/09/19/Untitled_1_7.png http://www.charthub.com/images/2006/09/19/Untitled_1_8.png
Lorenzo, I'd like to look into your suggestion using constant price range bars and adaptive MAs. Can you give some detail as to how to you set up the adaptive moving average in Sierra Charts to get the kind of chart your producing? I can't seem to get the MA line to overlay the price bars as your example shows if I choose the SIerra Chart adaptive moving average. Thanks.
5/20 seem do better job than MACD, so I compare it with demand index, they are compatible most of time but I found an instance that demand index did it better, hm...
Personally, I like 5 tick range charts on the ER2 with a volatility stop. Since range charts have a static ATR, the volatility stop is very smooth. The VS is set to Bars=15 and Multiplier=2.
May I ask which SMA-parameter you use for the 1 Min. - and which ones for longer time frames??? Thanks Charly
Yes....I overlay the 3/12 TSI on top of my 5/20 TSI as you can see here to alleviate some of what you point out......... http://www.charthub.com/images/2006/11/16/ES_317_VB_4