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Hi, Sharky
I think sound alert would be nice addition to your system than auto trading at this moment. In terms of trend confirmation, please look at the T-3(21,0.7) below or above for long or short trade.
Many thanks to you and Jeff and Big Mike for this wonderful thread.
Skid, I haven't tested this on an 8 range, but it seems to work beautifully on a 12 range. See attached screenshot w/ instructions. It would probably work on 8 range, too, but with more trades. 12 Range limits you to 4 to 6 trades a day, thereabouts.
As far as stops go. I'd place a sell stop BELOW (3, 4, 5 ticks) the last swing low conversely a buy stop ABOVE (3,4,5 ticks) the last swing high. ONLY initiate trades in the shaded area of the d9Particle Oscillator (see attachment #2 for the indicators / settings).
AS ALWAYS - TRY THIS IN SIM. DON'T RISK REAL $$ BASED ON MY SUGGESTIONS.
FEEDBACK IS ALWAYS WELCOME!
After all, it's what you learn AFTER you know it all, that counts!
I was checking out your set up and I noticed that you are using the V#3 of the particle oscillator..... the one in the elite circle is apparently not updated. Can you tell me how to get the latest version?
Actually the word on the street is TheWiz and Sefstrat are teaming up to start a new business called "Bluegill Enterprises".. They got T-Shirts made up and everything...