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Anyone have experience with Boomerang Scalp Trader system


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  #1 (permalink)
dertixo
mi
 
Posts: 9 since Sep 2009
Thanks Given: 3
Thanks Received: 1

anyone have any experience with the Boomerang Scalp Trader system?


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  #3 (permalink)
 
ironman07's Avatar
 ironman07 
Kansas City Mo.
 
Experience: Intermediate
Platform: Tradestation
Broker: tradestation
Trading: es
Posts: 47 since Dec 2009
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saw a webinar from them that was a part of the hotcom series... I believe Mohan is associated with this ...He had a High 5 method to predict daily market movement... It seems fairly straightforward and isnt very expensive..However they dont address how to deal with choppy markets other than to stay way..LOL...If there method was to deal with how specifically to aviod the chop or when to take trades then after chop then it would have merit...GL


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  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
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dertixo View Post
anyone have any experience with the Boomerang Scalp Trader system?

If you were referring to Boomerang from indicatorwarehouse.com, you can search "boomerang" on the forum and find this:


Mike




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  #5 (permalink)
 Bob6307 
Houston, Tx
 
Experience: Intermediate
Platform: NT
Broker: Mirus Futures/Zen-Fire
Trading: 6E
Posts: 6 since Jun 2011
Thanks Given: 18
Thanks Received: 9

Have been using for about six months with some success.
It is inexpensive software with clear methodology behind it.
I have augemented it with the Trade Bias Line and recently added two indicators from Big Mikes downloads.
Works well and far better than some of the expensive junk i have been sucked into in the past.


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  #6 (permalink)
 booker777 
Augusta, GA
 
Experience: Advanced
Platform: NT
Trading: ES, TF
Posts: 100 since Feb 2011
Thanks Given: 36
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You mind me asking which two NexusFi (formerly BMT) indicators you are using?


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  #7 (permalink)
 Bob6307 
Houston, Tx
 
Experience: Intermediate
Platform: NT
Broker: Mirus Futures/Zen-Fire
Trading: 6E
Posts: 6 since Jun 2011
Thanks Given: 18
Thanks Received: 9

I used the supertrend indicator as well as the TSI. I just added the awesome oscillator also to see how that meshed with the others.
TSI, the Force Indicator, and the supertrend seem to work well.


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  #8 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
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i bought the junk software from indicator ware house. it uses a 4 tick range bar ..add on an 9 an 18 ems when you get a moving average cross it fires a signal... add on a simple osslator ....if above mid-point just take longs below just shorts ..stop 2 points targets 3 to 4... it works on trend days... chopped to bits the rest of the time...forget about this kind of B.S.


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  #9 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,126 since Jul 2011
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https://www.tradingschools.org/reviews/day-traders-action-and-boomerang-trader/


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  #10 (permalink)
 
forgiven's Avatar
 forgiven 
ashville NC
Market Wizard
 
Experience: Intermediate
Platform: nijia trader
Broker: A.M.P. I.Q. ....C.Q.G.
Trading: ym es
Frequency: Every few days
Duration: Days
Posts: 929 since Mar 2012
Thanks Given: 309
Thanks Received: 666


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