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Great! I am fascinated with the TP-Support/Resistance oscillator and TPslope. I could not make sense out of how to use the valleys/peaks probability in a viable trading system for FOREX. Currently I am trading FOREX.
in reply to: Turning Points – Using this awesome Indicator addonVery nice…ALMA performance jpg…try also Cybenetic Analysis Netlead with Price, Close and Open compare those three to the ALMA indicator. I use the three Netlead indicators for eyeballing potential entry/exits…but I will have to look into the ALMA indicator some more.
I will try to post a chart here with that info within this next week.
I am looking for FOREX trading entry strategies to hold for a few hours to a day or two.
Trader Cleve
in reply to: PowerBASIC IndicatorsHello All,
I like the TP-Support/Resistance
I am a day trader who has survived the test of time.
I am looking for suggestions and ideas for a FOREX trading system.
I have been using price-action breakouts.
I have tried many trading styles and really like the idea of analyzing other markets, correlation and thereby the intermarket analysis for a base as to the direction to trade, combined with time-of-day entry/exits, and the TP-Support/TP-Resistance breakout/return (zone).
Trader Cleve