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I would review Perry's trading rules, examples and SIM trade for practice.
The method is potentially very powerful on its own.
Regarding my variations, I'm not deviating from the rules. The addition of color is only meant to reinforce and remind me of what the MASlopeBoxMulti indicator is telling me.
As for the OBVDiver, click on the word (original post) and you can read a thread all about it.
This indicator can possibly show divergence or agreement with a move, thereby reinforcing a trade according to the rules.
Since all of the indicators on template are price based, I found OBVDiver complimentary.
Ignore it if you find it confusing. Original template and rules are quite effective on their own.
Hi Doppio, I was also trying to install the jtrangmaker_nj6_5.zip
and had same error message and problem (since I am on NT7). Did you ever get a solution to this? Help appreciated, thanks, gh [email protected]
Skype = Greg.Hohman
Hi Beth
I wonder if you would be kind enough to help me. I cant find the \templates\Chart folder you mention within any of the folders contained in the NinjaTrader 6.5 folder. It must be there somewhere because I have saved my own chart setups as templates and loaded them up OK but cant see the folder they save into.
This method has nothing to do with the Boomerang system, as it is different in all aspects of trading i.e. entry and exit. This system is very methodical in its approach to price action.