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I bought the Boomerang awhile ago, and after the fact, I was lurking on this site, and these exact settings were posted. Members here actually took the time to experiment and figure out if they could create a similar chart with the standard free NT library of indicators. I posted a screen shot of both charts. Not too bad, HUH?
Don't get me wrong, the Boomerang is a good system. So are futures.io (formerly BMT) members free set-ups, just as good!
Hope this helps....
Please note, feel free to add any FREE NT color trend bar indicator to the main chart.
I believe they are called TrendBars or ZTrend, not sure...
Note: I hope Mike let's this post remain. I just want to set the record straight... before this gets out of hand.
It is no secret that I own and manage the site that distributes the indicators in this discussion.
The Boomerang Scalping System is more involved than just a couple of moving average lines shown on a chart.
The system's arrow alerts (missing from your screen shot) are based on proprietary settings.
The Boomerang Force Index (also not shown on the chart) is also proprietary. The Force Index identified in other forum postings is a good indicator, but simply NOT the same.
The paint bars are controlled by another proprietary indicator.
Now, can all these settings be "figured out"? Of course! In fact, that's one of the great things about futures.io (formerly BMT)'s site... the spirit of discovery.
But, please don't post misinformation. It serves no one.
It's a sad state of affairs when a guy can't even defend himself. Sorry Mike, but I think that the vendors should be able to post replys to stuff like this. What this vendor posted is a fact, regardless of whether it can be duplicated for free or not, Adam speaks the truth regarding the colors, arrows, and alerts. This is ridiculous, I guess you'll ban me too.
Hi, I'm afraid you don't know what you are talking about. You don't have all the information. Only myself and the moderators can see all the information. You've jumped to a conclusion that is very wrong.
He was not banned for the post you reference, or even for anything in this thread for that matter.
Please back off the "I guess you'll ban me too" bit. That is a very big accusation to make and the remark is just designed to stir up trouble. That said, I do ask that you support the decisions made by myself and the staff. If you do not want to support us -- no problem -- then please don't come back to the site.
Moderator Notice
Any further discussion about this off-topic "ban" topic should not occur in this thread. It does not belong here, so if you are going to continue this discussion then you should create a new thread or contact me privately. Do not reply here.
I was in your room for awhile and did find this useful but couldn't follow ya anymore when you switched to Think or Swim...I can't quite get my MACD to match yours...did you take off one of the colors on the MACD?
I am evaluating this indicator, also. I'm wondering if it is any better than some of the tools group members have developed. I'm a newbie and obviously there is a lot of stuff for sale. Fine, if we can't get the same results elsewhere, but too soon to tell whether it's worth the money, for me. I'm also looking at TurnSignal indicators. Anyone have an opinion about that one?