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How do you use LBR310? Based on crossover or change color?
The default LBR310 setting is 3,10,16, is there any advantage for 3,5,10 setting? Forums - FREE ES Trading Strategy that works
This post shows another way to use LBR310.
I altered the settings of the LBR310 indicator in an effort to give a little advance warning of when a change in direction might occur, although this results in a lot of 'false positives' so to speak. I've attached a screenshot of the TF for this morning with BOTH settings (3,5,10 & 3,16,10) so you can see the differences. I'll leave the 3,16,10 on my chart for today & see how it plays out. Basically, I use all the indicators together. When the DMAP bars are blue and the SMI2 is blue & above it's gold signal line & the LBR310 dot is Green and above it's blue signal line it indicates a possible long. I look to see how close the green LBR310 dot is to the zero line, too. If it's really far away, I wait until it closes in on the zero line & then take another look at the other indicators to see if they confirm a long. Reverse is true for shorts. I'll take a look at the link you referenced. Thank you.
After all, it's what you learn AFTER you know it all, that counts!
I've attached the 2 sound files. Regardless of the operating system you are running, search for "sounds" and copy / move the sound files to the sounds folder WITHIN the NinjaTrader folder. If you are running Windows XP (as I am), they need to be placed into your C:\Program Files\NinjaTrader 6.5\sounds. Hope that helps.
After all, it's what you learn AFTER you know it all, that counts!