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There is actually one of those trades on your 6 day chart whereby a blue bar appeared and after a downtrend and the next bar traded above it for a few ticks only to turn yellow and them some red bars. In these instances, do you wait for a red (or blue) to close the position or something else?
Consider the "Swing (High/Low)" indy, and set the strength to 3, Swing High/Swing Low plots to "Dash/Hash". This will give you the same settings as Sharkband, and also makes your chart lighter.
Without getting into the free here vs Viper that they are curve fitting to find the best range chart and then making the video's after the fact simply isn't true.
1. I am in their room many mornings, and they use the same settings fairly universally
2. I've been using the same settings on my Viper range charts for a long time, don't change them and I get the same trades they do. It's a system that seems to do best in the first part of the day, and they shut down the room usually by 10:30 - 11:00 EST.
Candidly, inspite of all the free stuff here, which I play a lot with, I find Viper very useful, and still worth the bucks to me.
Jeff, if you think that taking trades in a chop is a good thing to do, that's fine. You are entitled to your opinion. I didn't mean to signal you out in particular and I'm sorry if I inadvertently hurt your feelings. There was no premeditated "instigation" on my part. To the contrary, I respect the work you do here, but I stand by my statement and it applies to all traders. The chop is an account killer and should be avoided at all costs.
I suppose Sharky and everyone else who spent a lot of time and effort to develop indicators to not only recognize chop, but also avoid trading in it don't know what their doing. However, I'm happy to be in such company.
You don't need to defend yourself. Trading is a personal matter amd two people who learn the exact same method from the same instructor can have very different results.