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    1. trending_up 12,288 views
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  #21 (permalink)
 
jayminho's Avatar
 jayminho 
hell de janeiro
 
Experience: Intermediate
Platform: ninjatrader
Broker: mirus + zenfire
Trading: guitar
Posts: 54 since Mar 2011
Thanks Given: 7
Thanks Received: 22


Cloudy View Post
Yes, I would agree that with this thread's 1000+ views, TT is probably getting a lot more attention these past few weeks. I find it surprising you're still using the TT indicators primarily after one year? So your goal is going for a scalp point or so at a time? Yes, the genius nailed those max highs and lows pretty good, lol.

mainly using for this divergence entry method, and yes, i only go for a point/or the number of ticks corresponding to the renko bar


Sorry I don't quite believe in the "synergy" of indicators anymore. It kind of reminds me of Doc Barry Burns and his "topdogtrading.com" course where he has five "energies"(indicators like stoch and macd) and to look for synergy. It's what a brand new daytrader student is told to look for if he starts out using an indicator system or for dupes like me who fall for a vendor set of indicators again.

ohh.. dont worry, you dont have to apologize at all. im not into this synergy thing either. (acctually, i do believe in synergy, but in a more scientific way

I've already bought the TT indicators and the sold dream of nailing exactly top and bottom and of a 3-5 pt trend based on an indicator set. It's the price I pay for my stupidity and gullibility. So what I'll do now is drop the DMIDiff, TriangleTrend101, Binary Oscillator, BBBDIffOsc, from my charts and keep RWO and SwingCycleVB. Since I had stopped using stochastics for a long while, I'll use SwingCycleVB. And use RWO for divergence picking. If it doesn't prove any better than my modified macd, I'll drop it too along with the others in my junkstore secondary drive.

gotta give it a try this whole "making a lot of points/ticks" ive been there, and it screwed me big time. now a days i set a daily goal, go for it, done, close computer (ok, i dont close, but close ninjatrader, lol) and thats it. go do something else, this might sound uber-cliche, but truth is, very few people manage to do it. trading sucks you down, consumes every single spot of energy from you, it looks like that dementor from harry potter (hahaha, not sure if you ever watched harry potter, but if you did, you know what im talking about) - so its very dangerous. trading is a f** cocaine, you want more, more, more.. no way!

Here we go. First you can see the SwingCycleVB not overlayed with price. It looks like two oscillators crossing each other. Hardly a novel idea. Then I overlayed two stochastics and fiddled with the settings to approximate the SwingCycleVB in 10 minutes. Maybe some weighting or other settings will make it exact. Then one could code color changes whenever a bollinger band "squeeze" occurs or some other logic to change colors on the oscillators. (macdBB's code probably can be modified to do just that) Which has been commonly seen on MA's which change color. And here we have it. Someone else could probably do much better. Notice the stochastics cross each other fairly close to the SwingCycleVB crossing intersections. And now you've got a cycle cross which you can also overlay on the price chart to help make entry and exit decisions. Have fun.

pretty amazing what you did with the stochastics, i took note of your inputs and will sure try.

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  #22 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
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I would agree I'm hooked on it. A more refined form of slot machine addiction. I'm looking at other ways now to try to score swing trades. I know what you mean about closing down NT to stop myself from trading anymore Thanks for the praise about the stochastics. To be honest, it wasn't too involved. What clued me in was during the instructional tt webinar, he mentioned the limitations of stochastics at the boundaries while introducing SwingCycleVB. So I tried to make a couple of stochastics look like it. Then lo and behold, it looks very similar and would seem to confirm that SwingCycleVB at it's core is simply a couple of stochastics. Maybe one day I'll attempt to implement the down/up/neutral colors on the SwingCylce-like stochastic and the BB squeeze colorchange on the VB-like stochastic. Here it is again. I want people to see it then compare what's offered in swingcycleVB for purchasing it.

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  #23 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,749


The ninjaindicators4u guy emailed me notification of an updated indicator, of course a separate fee "upgrade".
Just posting for "completeness" of this review thread.

""
As you know, cycles are measured from top to top or bottom to bottom. This measurement is the dominant cycle length of the equity. By dividing this number in half, you get the length of the cycle from the bottom to the top and from the top to the bottom of each cycle. By entering that number into the DCLen input of the SwingCycle VB indicator, you can greatly increase the accuracy of the indicator. Another way to put it is that this is a way to optimize the SwingCycle VB indicator.

Please click on the link below to view a video of the CycleFinder.
https://www.ninjaindicators4u.com/CycleFinder.mp4


This CycleFinder is not part of the Triangle Trend package of indicators and is sold separately.
""



(batteries not included and is sold separately )

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  #24 (permalink)
 dnkhoward2 
Dover, Fl
 
Experience: Intermediate
Platform: NinjaTrader 8, Oanda
Trading: YM, Currencies
Posts: 158 since Mar 2013
Thanks Given: 864
Thanks Received: 167

Hi @Cloudy,
How did you create the stochastics? Did you use 2 seperate stochastics? The 1st setting for the k line and the 2nd setting for d line?
Thanks alot

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  #25 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,749

Hi, yes I believe so. On one stochastics the K curve was made transparent, while the other stochastic omitted the D curve. The numerical settings for each of the 2 stochastics, are shown in the old .jpg ; Sorry, but I'm not in the mood to dig out my old copy of the SwingCycleVB after being disgusted and embarrassed with myself for falling for the set of indicators.

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  #26 (permalink)
 dnkhoward2 
Dover, Fl
 
Experience: Intermediate
Platform: NinjaTrader 8, Oanda
Trading: YM, Currencies
Posts: 158 since Mar 2013
Thanks Given: 864
Thanks Received: 167

Thanks @Cloudy. Maybe this will make you feel a little better knowing that other people do it too.

I had been trading options for four years and time decay kept kicking my butt so I switched to futures in Jan of this year. I knew I needed to get better at staying with the trend, so I did a little digging and found some trading system designed to help me stay in longer. $3400 later I am not using them at all. I am using my same system with some tweaked indicators from here.

But wait it gets better. I have been wanting to learn order flow for a while so I did my homework ( not well enough though) and found a guy that said he could teach me. The course was 5k and I put 2k down and would pay the rest later. It only took a couple days to a week to find out he wouldn't be teaching that at all. just some fib stuff and some indicators I didn't need.

I am no means a noobie trader but I have made some stupid decisions like that this year.

Have a great day and thanks for replying

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  #27 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,749

Thanks dnkhoward2 for sharing. I appreciate the consolation thoughts. Sorry you had those experiences with
dubious vendors too.

A few more notes about ninjaindicators4u which I hope is not overdoing the review. I initially got fooled
into thinking the guy's videos were true as he was making > 4 points on the ES daily according to his recap.
After trying it out and being frustrated I contacted him. He replied that his recap goes over the "best trade of the day" and not necessarily going over losers which proved my suspicions I'd been had because he never showed any losers, and as usual no money management or how far to hold out on a trend etc. According to his background info
shared on the site, he was a former MD, and obviously he's elderly sounding from the videos so the only
sympathetic understanding I had was that maybe he's truly financially desperate at this point in his life to constantly
make outrageous claims in his daily videos with the TT indicators (https://www.ninjaindicators4u.com) , and that he must have helped people in his former career and life. So I just left it at that but in any case, I've tried to warn others through this review thread. Plus it's stated on the site there is no refund.

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Last Updated on August 8, 2013


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