WOW, WOW WOW @BillMurray. Tried this on AMC after reading it last night, it was like magic. Thanks a Billion, lets goooooo.....Hi All, I see this has been getting some interest, so I though to revisit with some more information.
1. THIS is what I use. My grid for this. http://tos.mx/wma35PP (I replace RSI with CCI, I like CCI better)
2. THIS is DeafDayTrader's (Jimmy's) PDF. MyFavoriteIndicator.pdf
3. This is a screenie of email back and forth between DDD and I. You'll notice that it's important to NOT ZOOM THE CHART to get a valid entry signal. https://onondigi-my.sharepoint.com/...hDuxpQ_XXFowYB3wzRyOL0GwkByi5dsI1K_Q?e=SYXaVw
I appreciate that most here want to "automate" things by coding their ass off. But, if you NARROW YOUR FOCUS and CONCENTRATE on just a couple things to trade, block out all the noise, you'll do much better than trying to reinvent the wheel.
I can sit and trade SPX all day, every day, using this and make a substantial income from it with this very simple setup.
Don't overcomplicate your trading. TTFT (take the f***ing trade) and manage it properly. That's all there is to it.
(edit - replaced the PDF link)