[sudha78]

trader273

Please tell me what are those two MA's and how you use them. I am a newbie here and I couldn't use MA's effectively.

[trader273]

Originally Posted by sudha78 »

trader273

Please tell me what are those two MA's and how you use them. I am a newbie here and I couldn't use MA's effectively.

Now I don't want to take away all the fun of finding things out for yourself!! I'm just joking around. I could tell you exactly what i use, how I use them, and we would both get different results. The thing is to just experiment for yourself ( that is what I did). But the trick is to find something that appeals to you and stick with it. Don't continuously change the length of the ma's to fit the current day's trading action.

[Kiwi]

A hint: try using mas as support and resistance not as indicators.

[Soultrader]

Originally Posted by Kiwi »

A hint: try using mas as support and resistance not as indicators.

Hint: That was a good hint!

[walterw]

Originally Posted by Robert2617 »

Being reletively new to trading and absolutely new to TradeStation, I have been on a hunt for the past 2 months for the best trade indicators that suit my planned style of trading. That being said, I now have a huge collection of TS indicators of all types and fashions with all types of bells and whistles.

The point that I would like to make is that after seeing with my own eyes, all these indicators in action, I have come to the conclusion that while some are pretty good, it appears to me that it is easy to confuse yourself with indecision by using too many at a time. You have this one saying "Buy", this one saying "Wait" and another saying "Sell".

And to top it all off, none of the indicators I have seen to date are more accurate than the good old MA's. To show what I mean I have attached an image from yesterday. On this picture I have PaintBars, 3 MA's, Auto Channel Lines, Auto Pivots, and a Swing HiLo indicator. To me, this is all you need (maybe a little too much for some) to get a clear picture of what the market is doing and what I need to do to make a good trade.

The plan is when red crosses white, make the trade. Blue is there to show the trend and keep you in or out in the bumpy times.

Robert : I personally like your chart... is there any chance you can share that "$NT swing hi & lo" indicator eld ? I would love to have it , it looks very clean... thanks cheers Walter.

[Robert2617]

Sure...

You can get a whole slew of them at this site This is some free Tradestation software

Warning: Don't trust the "Cycle Identifier" indicator. The indications will change on you!

[walterw]

Originally Posted by Robert2617 »

Sure...

You can get a whole slew of them at this site This is some free Tradestation software

Warning: Don't trust the "Cycle Identifier" indicator. The indications will change on you!

Thanks Robert ¡¡¡ they are quite a few ¡¡ question: in the case of this "swing hi lo" do they change on you or are they what you see... thanks Robert cheers Walter.

[Robert2617]

I'm afraid it does change. It is only good to see the history, after the fact. The big dots don't appear until a few bars back. All it is good for is to help you see how the price has been moving. Maybe help you see a setup coming. I wouldn't use it for a trade signal.

So there is no confusion, I didn't create these. I only found them. In the video, the guy shows how he thinks they should be used and in what combinations to get signals.

I think these are Roy Kelly knock offs.