Scalping the ER2 with one indicator
- Thread starter Lorenzo
- Start date
Quote from 5Pillars:
Shift your adaptive M/A back two bars and you are DONE!!! You will become the richest man on Earth!
BTW, good looking chart.....it looks like you are trading on a pool or poker table there (green felt).
Not the holy grail, but you'll make very good trades in this way, if you scalp 10/15 ticks per trade
Post a chart showing your exact buy and sell points. Is is easy to be fooled by charts with bars after the fact.
Yes. The chart always look good after the fact. You have to remember that each one of those turning points could have gone differently which you discover when you try to trade off inidcators live. Not saying it cant be done, we are working on a similiar vein in the Simple Profitable System thread but it is much harder than it looks on yesterdays charts.
after the fact...? not searching the holy grail here
My exact point is: How many scalpers/daytraders use Price Range Bars?
You will not have the same results using this (all) Adaptive Ma with.... minute bars/ Volume bars/Tick bars etc....
Only showing how some indicators are working well with those bars...nothing more
You can try