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28/05/2010 18:57:04
Tom Leeson
Administrator
Posts: 661
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Scalper based on the Scalper TTM
A new red dot means that a reversal sequence of 3 lower closes has occurred – when signal mode=0
A bar will be painted red on the first signal occurrence
Go Short - Red dots will continue all the time the 3 bar close sequence occurs
A new Green dot means that a reversal sequence of 3 higher closes has occurred – when signal mode=0
A bar will be painted red on the first signal occurrence
Go Long -Green dots will continue all the time the 3 bar close sequence occurs
A new red dot means that a bar has closed or pentetrated the upper bollinger band...(pinbars, that close back inside etc).
A bar will be painted red on the first signal occurrence.
A new Green dot means that a bar has closed or pentetrated the lowerbollinger band
A bar will be painted red on the first signal occurrence
Signals will continue all the time signal is repeated -this depends on your signal mode -
You can take the signal or use in combinaton as part of a more sophisticated trading system.
You can tune the indicator by using the Strategy and backtest it as a system on its own - then use the tuned settings for the indicator without the strategy tradig it. :-)
edited by tom on 28/05/2010
edited by tom on 28/05/2010
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MicroTrends tom
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